I am trying to educate myself to see if I have what it takes to be a hard money lender. When I searched online, all i see are ads offering hard money to house flippers. But for someone who wants to make some passive...
Hey guys,I was hoping someone would be able to recommend me a hard money lender in Illinois(I'm in chicago). I don't have experience, and currently looking to do a fix and flip on single family homes. I'm shadowing a ...
I'm often presented with opportunities to acquire investment condos in Orlando, Miami, and other popular Florida cities.
I always decline.
Read the article below to understand better why "condo" and "Florida" are no...
I am looking to get into Hard Money Lending but don't really know where to start. From what I understand, it is not required to be licensed in TX to do Hard Money? If that is true, how can you legally claim the 1st li...
From an article in the Scotsman Guide, traditional mortgage brokers often make mistakes when submitting hard money loans to hard money lenders. Because traditional brokers are well versed on how a bank lender likes to...
The property that I rehabbed hasn't sold yet in which I had to extend the maturity date with my Hard Money Lender. The problem is that I have to pay an additional 1.5% monthly on top of the annual interest payment whi...
ALERT - To all Bigger Pockets usersI was contacted by user with screen name "Diane Windsor" who offered a too good to be true hard money loan, that requires no credit check and is based on property value only. He or s...
Ok
It is not the route i want to go, but i see its my only route at this time.
I'm going to look into hard money loan financing for the start of my real estate business venture. Since I am planning to p...
Hi BP,
Does anybody know of any hard money lenders who are located in the Charleston SC area? One of the BP podcasts talks about how it is good to have a hard money lender who actually lives in the area in which you ...
Hello all!
We are not seeking legal advice here but in theory, could an LLC or LLP with several partners become a private money/hard money lender to REIs in need of capital? Thanks for any insight!
-John