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Hey so I’m in need of advise since I’m new to investing. I possibly have a couple deals I’m partnering with ppl. I found someone who is potentially going to fund my deal for 3% interest and $500 up front cost to loan ...
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Hey Folks!I’m 27 and I own two cash flowing rental properties. My income is roughly $170,000 pre-tax from my W2 job including salary, bonus and stock + income from my properties. I have 0 debt (besides the mortgages o...
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Hey I'm a newbie and I'm Interested in the BRRRR strategy, My question is what type of agreement do you typically see with private money as far as interest and duration of the loan etc.
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Hello,
Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...
Financing Options for a Remodel
The very first step of a remodel is to decide how much money you’re willing and able to invest in it. A good rule of thumb is to spend no more than 10 to 15 percent of your home’s va...
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I have a nice property with about $100K equity in it - 50% LTV. I have owned it for several years. I wanted to get a Home Equity Loan on it to shuffle some of my equity around between properties but none of the big or...
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Clearly there is a lot of due diligence required when acting
in the capacity of a private money lender, but are there any particular
measures that one takes to help to ensure your financial protection such as ...
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Does anyone have experience providing personal loans to individuals with the intent of both helping out an acquaintance and making a return due to charging interest?In 'Rich Dad, Poor Dad', Kiyosaki mentions giving sh...
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looked at and missed a deal the other day. Cash buyer snatched it up. Here were rough specs:ARV 200KRepairs 15KSale Price 100KFor some reason, seller only wanted 80K at close and a note for 20K payable at 7%. Intere...
If I were to obtain a personal line of credit to combine with my own capital in purchasing/rehabbing a property, how would this affect me when it comes time to cash-out refinance?