Steve West
Private Lenders
I'm currently working to build a list of lenders. It has been easy finding hard money lenders, but obviously at higher interest rates (plus points). I've heard that private money lenders (individuals) offer better ...
Jay G.
How to pay expenses / renovate home owned by self directed IRA?
... if the IRA runs out of funds to cover those expenses or pay for required repairs, etc. Example:IRA starting: $200,000Purchase property: $180,000IRA remaining: $20,000Repairs needed before being able to rent/lease ...
Graham Northrup
Equity split with Mom as partner
Greetings BP!I'm going to be forming an LLC with my investing partner (Hi, Mom!) to protect her assets. What I'd love some feedback on is an equitable equity split. We can both bring cash to the table, in roughly equa...
Burt L.
What Disclosures, Rate Lock Docs Actually Req'd of DSCR Lenders?
Hi again BP,I have an associated thread inquiring about DSCR lenders and have contacted all those lenders mentioned by posters to that thread and much appreciate the contributions. What I am learning is that Portfolio...
Mike Ventura
Money Options for Multi-Family Deal , While Completing BRRRR
In a pickle, well not really. Seeking some guidance on finding the money to lock down a multi family deal while completing my first BRRRR deal.So I'm a couple months into a BRRRR deal which I purchased with my own mon...
Jesse Gutierrez
Accepting and Paying Back Private Money
Situation: I purchased my first home last year with the BRRRR strategy in mind utilizing a VA loan. Purchased for $75k and sought out a $30k personal loan from a family member for the rehab portion. I set up an LLC fo...
Brian Poirrier
Just Closed Melrose Heights Duplex!
Investment Info:
Small multi-family (2-4 units) other investment in Columbia.
Sale price: $217,000
Dual representation for Melrose Heights Duplex listing, 1 DOM, record highest current GRM.
What...
Grant Waugh
Pulling out purchase price & rehab costs using delayed financin
Hey BP!Does anyone have experience in using delayed bank financing and rolling the rehab costs into the price of the mortgage with the bank? I’ve heard this can be achieved by asking the title company to add your cont...
Sterling C.
HELOC on Investment Property
Hello, me and my partner owns a SFR free and clear in Florida which we are almost completed with renovation. We are planning to rent it out to a long-term tenant. We are interested in HELOC so wanted to ask to see i...
John Champagne
Texas intrastate crowdfunding
I have not seen any discussion on BP about the new rules regarding intrastate crowdfunding in Texas. A quick summary is that Texas residents who are non-accredited investors can now invest in private businesses, whic...