I am wanting to get my realtor license soon and this company seems great for what they offer. What else besides getting my license will I need to have access to the mls. I have found that I move too fast for realtors ...
Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses? Perhaps as a syndication or credit fund?
My partner and I have been finding deals and partnering with an experienced flipper in Southern California who funds the deal and runs the project. We get a portion of the profit for finding the deal and have learned ...
Hi, everyone!I had a few questions about Private Lending and what it would take to be a Private Lender.1. Is it possible to be a Private Lender professionally?By "professionally" I mean using my private capital, seeki...
Have you ever considered using private money loans for your real estate deals?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $80,000
This was one of my first deals I purchased at the beginning of my real estate investing career. I purchased th...
We purchased a list of people in our area that have acted as private lenders recently, and before I send them our inquiry letters (introducing them to us so that we can perhaps meet for lunch to meet), I have a qu...
I came across this "PML" via facebook and everything was going great until it came down to the day. I was maybe getting the property under contract. He wanted me to paypal him 750 so that he would send the 20k needed ...
Investment Info:
Office Space private money loan investment.
Purchase price: $350,000
Cash invested: $272,000
Private Money Loan to owner/user for downtown professional office space in Bakersfield, C...
This is my first year using private money to fund my flips. Do I need to send my private money lender a 1099? Do they send one to me? Thanks for the help!