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I was hoping to get some knowledge of anyone that has used a private money lender that wasn't family?If you found them from an investing group and what is the standard practice.I need to use one and have found people ...
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I am 23 years old and just graduated college about 8 months ago. I do business with a family member of mine, where we invest in rental properties and do flips on the side. We have 12 properties total of which 1/3 bel...
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Just looking for a little clarification on possible ways to use private money to purchase property. I am not looking for partners, I want to own 100% of the property.
Lets say I have 5 people committed to loan me ...
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My partner and I have found a deal that includes 18 units for $1,168,000 with seller financing 25% down, 5% interest, 5 year balloon, 30 year amortization schedule. We need about $320k to allow for some reserves. We h...
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So I am looking to raise capital to purchase a new rental property, and I have a private money lender that is willing to loan me the amount I need to purchase the property in exchange for a 10% interest.What are the w...
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I wasn't sure how to search this so I apologize if it's been asked before. I'm planning on buying some real estate shortly and I have some friends and family that are interested in investing with me. This kind of soun...
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Hello, we are getting involved with a money partner who will purchase the property in cash, then we will get a loan together to start building some duplexes in phases. We will have the ability to buy him out at any po...
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Hey everyone was wondering if anyone has every tried mailing hand written letters as an elevator pitch to potential private investors. I'm from a small town where everyone knows everyone, I work for the local sheri...
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Hi all - I have a private lender that told me to write out a proposal for her to be my bank on my first investment. I have a question for BP. I would like to use the private money to purchase the property and fund p...
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Hi! I'm scaling into a commercial property and starting a boutique hotel. Currently, I'm looking at $2.5M all-in for building purchase, renovations, and business start up. My financial models are showing a roughly $25...