Hi BP,
My brother and I just made our first offer on a property we have been looking at.
Though we have the cash needed, we are also considering bringing in equity investor(s).
Now that we're at this point, we real...
Hey guys,
I have come across a couple lists of high net worth people who have been lenders on private mortgages in the local county and I am considering sending them a letter seeking REI loans. I have read all the p...
How does one start lending their own money to other RE investors?
I am curious how this process works, what rates/ terms are common? Is this a common practice? Risky?
Looking to learn more about this space
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I have an opportunity to raise capital with a private individual at a flat interest-only rate as a way to reduce interest charges and eliminate origination and service fees. I'm looking for ways I can "protect" this p...
How do you evaluate a hard money or private money lender?
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Hi everyone! Have been reading Bigger Pockets and listening to the podcasts for over a year now and am happy to say I was able to get my first deal in January because of all the great information. Ended up with a du...
Hello BP Private Lenders,
Over the last 3 years I've been Lending my family's personal funds to Borrowers for their Flips and Buy/Hold projects. However, there have been opportunities where I haven't had all the fund...
Long time reader, first post. I recently graduated with an enormous amount of debt (>150,000). This is causing my debt/income ratio to be too great for many traditional lenders. I currently generate $3,200/month wi...
Here is a private money lender who approached me at a very cheap interest rate, Can someone tell me if it is legit or not?
https://clearedfundsllc.online/#