Alex Prescott
How hard it is to get a hard money loan for your first flip?
Hi all. I am a newbie investor with a full time job and have about 20K saved up. I have been looking at getting into RE investing for some time now. I have spent the better part of a year learning as much as I can...
Karen Warren
What if I get a hard money loan but don't have the down payment?
What if I find a great deal and get a hard money lender to lend on it but don't have the down payment? Are there private money lenders who will loan the down payment?
Robert Alexis
Aborting a hard money fix & flip for a refi and live-in rental
Newbie investor looking for advice. Purchased a foreclosed property with $549k and 10% down through a hard money loan for an initial fix and flip. With the current market, I'm considering changing my exit strategy and...
Account Closed
Considering using a hard money loan? Expect to sign a personal guarantee, here's why...
Here's a tip for working with hard money lenders.Don’t expect to get a hard money loan without signing a personal guarantee. Lenders want to know you are personally involved and have a real desire to see the project t...
Ethan Gidcumb
What are the differences of a Hard Money Lender and a Private Money Lender?
(Before you start reading, I think the overarching theme of this question is that the definition of a Hard Money Lender and Private Money Lender has changed throughout time. That can be the reason some people have dif...
Gabriel Martinez
Do I need to find a deal before getting a hard money loan, or ...
Hi everyone, I was looking to work on my first deal this year, however don't know if I should talk to a hard money lender first or should I find a deal first.
Summer Noyes
Newbie in San Diego with a hard market, how do I make it work?
Hi There,
My name is Summer and I am a TRUE newbie in San Diego. I've been a homeowner 3 times now, but never an investor so to speak. My husband and I are looking to start Real Estate investing, which can be challe...
Nick Stango
Should I use a hard money loan to fund my first fix and flip?
I got a call today from a hard money lender or who can do 100% financing on a fix and flip, 5 points, at 15 to 18% depending on my credit score. $25 for credit score check and if I remember correctly $675 for three ap...
Corey Dutton
Top 3 Reasons a Hard Money Lender Will Turn Down Your Real Estate Deal
I recently did a survey of all of the hard / private money lenders I know in the industry. I also posted the survey on LinkedIn to get answers from the hard/private money lenders I don’t know. The question I asked the...
Peter Grosso
Putting a lien on a property after a hard money loan is in place?
I have a complicated situation and I am going to try to express it clearly. I own 5 units in a 64 unit building. I agreed to partner with the owner of the rest of the units. We are upgrading the building and convert...