I am such a newbie at this type of investment, but am eager to learn. What's the difference between tax liens and notes??Thank you for your time
This is my first go at borrowing funds from a lenders IRA to buy 2nd NP notes and for some reason the concept of using a note as collateral for a prom note is confusing me. I am sure I am over analyzing this.I am the...
I own a single family home free and clear, worth about $350k. I also have about $50k for a down payment. My FICO scores are 750+ and I have no debt of any kind. However, my monthly income is less than $2,000. Traditio...
hello BP! I was just wondering if it is possible to be able to leverage a property without a heloc or refinance to get capital for down payment for next investment property? Maybe something like collateral?
Hi All,Does anyone have a recommendation for a good lender who will do a HELOC loan on a rental property, when the rental property has a mortgage with another lender? I'm looking to see what I would be eligible to bor...
Need some help finding people that give second liens on rehab projects.
I had an idea: drawing up a contract for a private money lender so we could use private money to buy properties at a sheriff sale. It would say something along the lines of "Private Money LLC agrees to lend $500,000.0...
So myself and 2 co-workers who all share a common interest in REI have decided to team up and form a 3 way partnership to help split the duties and financial risks between us. We have decided to use the BRRRR method.W...
Morning fellow BP members, On the road to purchasing my first property. Spent months reading, educating myself, listening to podcasts, ect. I was wondering if there are ways to purchase a multifamily without the 20%-2...
My wife and I were given a chunk of land to build a home on by her family. Currently, we do not have the money to build the house we'd like. I wanted to get some advice or ideas on how I could use the equity in this ...