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Hello,I recently paid off a seller financed purchase note with a long term mortgage with a conventional lender. ***Quick note: This is in Texas and the promissory note documents are very barebones*** So this was not t...
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Thank you biggerpockets community for the instruction and support that has allowed us to be in the position to need to ask these questions. My wife and I bought an apartment building just outside of Houston with a ha...
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Has anyone ever had any luck (when using private money) getting the seller (REO) to accept a pre-qualification letter from a private lender? For the successful attempts, would anyone like to share how it's worded? I ...
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Hypothetical situation:
If someone had a property worth $100k, and owed $50k on it but fell into hardship and missed payments where had could go into foreclosure and had payments in arrears but got back on there feet...
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I’m preparing to buy and hold as rental property (BRRRR, I’m thinking). If I rely on my own funds, I’ll be able to get one deal done by year’s end. I’d prefer 2-3 deals. What’s the best way to find hard money/private ...
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We are listing a flip soon and looking for alternative exit strategies in the event we cannot sell by the time our loan terms. At the moment, it does not look like renting is a viable option as the market is thin for ...
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Hi! I am new to BiggerPockets and was looking for some advice on private lenders. Specifically, I’m wondering what others’ experiences have been working with private lenders, and how to find one?
For context, I live...
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Hello, I conducted an extensive search but could not find the best answer on structuring a private money loan for a fix and flip property, that minimizes the taxes for the Private money lender. Essentially one investo...
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Hi BP community. Does anyone have a recommendation for CPA who has extensive experiences on Private Family Trust in particular on using the 990-PF form? I am looking to set this up for my real estate investments. T...
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hello BP
well i have been crunching numbers on multiple property and am ready to make my offer on my first reo flip. But every body says i need to providea VOF with my offers. Problem dont have funds to verif...