Kelly Ikpeama
First time Investment financing
Hello BP community. Getting financing is one of the biggest challenges new investors face. I am noticing that most lending companies will only lend on 4 units and not 5 nuits or larger. Anything greater than 4 units ...
Patrick Milhaupt
Advice Needed: Private Lenders in Florida
Greetings to all,Please help!I recently began my firm's organization with the goal to acquire several vacation rental properties in Florida. My objective is to build a portfolio of 5-10 exceptionally managed rental ho...
Daniel Rutledge
Finally closed my first deal, thanks BP
Hi all! I recently landed and closed on my first deal after a year of listening to BP and preparing to take the plunge. I was actually still a few months early based on my plan but I was offered a deal and found a way...
Kellyn Cameron
weird to approach an investor about being their private lender?
Hey everyone,I was just curious if it would be weird for me to approach an investor that I know about being a potential private money lender for their flipping business. I went to high school with him and just recentl...
Teresa M.
Marketing during a pandemic...what is most important?
I'm a fairly new investor with a lot of my cash tied up at the moment in properties. I was marketing every day looking for properties to purchase...but now with cash tied up and some PML's and HML's are on hold so buy...
Deano Vulcano
Elevator speech for potential private investors
So I was sitting here reading post after post on the BP website, like I do most evenings....I know I know, "why don't you get a life pal"? I will after my first million....anyway....
I was reading a post by B...
Roger Mace
How to Know if You Have a Good Private Money Broker
While engaging with the Bigger Pockets community, I've noticed many investors seeking funding. Frequently, brokers respond with phrases like, "I can help, let's connect," or similar offers. However, it's essential to ...
Justin Mabry
Ideas for funding my first investment??
I've reached the conclusion that I can't really learn anything further from just reading books and watching videos. The rest can really only be learned through "on the job training" I've got the fundamentals relativel...
Charles Wang
Newbie who has 400k to invest
Hey guys! Long story short I have around 400k to invest in rental properties in south Florida. I have read the Fort Lauderdale market still has good returns if you find the right deals. I bought a MFH in January...
Virginia VanOeveren
Difference between PML and HML...
Since a lot of you are wondering the difference between PML and HML, here are my thoughts about it...Private money lending and hard money lending both involve loans for real estate, but they differ in source and terms...