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I'm working on a deal where the owner is willing to carry back a first mortgage for $600K; however, he wants a personal guarantee in addition to having the property as collateral. Unfortunately, with SDIRA funds, fina...
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Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...
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How does the structure of private lending work exactly? Is it money from friends, family, and everyday average Joe investors? Is it simply just an I.O.U. and keeping track yourself of who you owe money or does it stil...
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Hi all,I just had the thought to purchase some land out in the woods and build my own personal home on it in 2-3 years when I've saved up enough and had plans drawn. Does anyone know about land deals? I spoke to a ban...
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Can you sell a note if you own a property free and clear? Sorry for the newb question, but there is a lot of terminology in this sub-forum that I don't understand.
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Hello biggerpockets members. I'm relatively new to the site and have been passively reading on the REI business for a few months now. Obviously I have tons of question and I am sure some of them may be out there. I've...
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Hi everyone.
I thought I read read this concept before. Has anyone done deals like this? How does this work?
If anyone has experience with this type of lending vs private lending or money partner, please let me know....
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Are there lenders that would use a deed of trust as collateral on a loan?To give more details, I own a property free and clear, then seller finance it with a deed of trust (Texas). And then to free up my cash I would ...
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I'm curious how some of you are securing investor money. Are you securing against other liquid assets? We have an investor willing to help with a 20+ unit building but we're unsure how to secure their money. Any sugge...
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What are your top financing methods used for BRRR?