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Hello i am looking at buy a rental and just looking for advice from experienced investors. With my base knowledge there is a couple of ways i have thought of this. 1. If i need 10% for cash down i would give the inves...
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What are ways to create a deal with a private lender on a property that doesn't need rehab and refinancing? Sure if it's a peace of poo property and you do the numbers and can convince owners to sell for less so you c...
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Hi All!We are a group of investors looking to start lending out to other investors as private/hard money. We are at a stage where we are needing to consult a real estate lawyer and was hoping for some referrals. Does ...
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Where would I find “individual" private money lenders? We are well established, have an excellent track record, BBB accredited and would secure the loan against secured property and would be looking for short term fin...
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When seeking to obtain financing from a private money lender and putting together a pitch to present to a potential private lender, what documents should you provide and what points should you bring up to the potentia...
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I am looking to do my first private lending. They are in need of $75,000 for repairs, unfortunately I would have the second lien on the mortgage. Sounds risky to me and they’re offering 8%. Whereas the first lienholde...
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Hi I’ve got a 5 unit building in the works. The monthly income is $7,782 and it should be at least $15,300 (Not including the garages and parking spaces which she could easily get another $200-300 per parking spot) so...
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Good morning BP
I’m working on getting funding from a private lender. I was told this when I brought a few properties to the table. Is this normal practice? Sounds like they want my down payment and for me to sit b...
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Trying to figure out how I’m going to fund my first rental property. Are private mortgage lenders a good route for first time investors?
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What is everyone opinion for doing brrrr method using heloc and private money lenders, seem like heloc is better because basically i would be the private lender using my heloc, PML charges like 10 percent, i could sav...