So looking into Hard Money loans, and they all says we can’t in ND. Anyone know why not? What laws are there against them? ND can have MCA loans so why not hard money?
Hello BP community! I am a simple-minded sailor that is stuck in my RE journey. I currently own two condos in SD. I used up my VA buying power and ran out of my own money. I am not sure where to go from here. My goal ...
I am trying to decide on financing to build an ADU (maybe 300-500 square feet) to rent out to travel nurses outside of Atlanta in Decatur, GA. Cash out refi and HELOC likely aren't options as I've only been in my home...
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
Ok I am a relativity new investor, we have done a few successful flips and a few BRRRR's. I have some family that has noticed and have inquired about giving us private money to use for investments. Its actually severa...
I'm considering partnerships for future deals, simple stuff for now like 50/50 splits, etc. How do conventional loans work with 2 to 3 partners involved? Does the loan only go under one person, or all? How would th...
Both my Private Lender and I need help with how to structure the repair costs at closing. I have used this Private Lender before but the loan did not cover the rehab costs for the previous deals, those costs were ...
I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...
Explain for me how does the rent to own strategy work in Maryland? Is it the same for all states? Is this a “subject to” strategy?
Hi All,I'm trying to find some creative financing ways to fund my investment projects as they come up. Looking for hard money lenders, private lenders etc. is quite difficult it seems and even harder to trust when you...