Hello,
I would like to get more involved in private lending but am not too sure how to go about it. I have done two loans in the past (both successful), but those have been to acquaintances and they just happened to c...
Hi,
Couple of friends and I are pooling money to start a private lending business. I am looking for some guidance on where to start around documentation preparations and any gotchyas.
Thanks,
Sam
Hello Bp i'm the Sales manager and soon to be VP of Ct Invest we are a Real Estate Investing Company In Tampa, Florida mostly focused on house flipping. We purchase at auctions, from realtors, driving for dollars, fro...
Hi BP,New to the site, every excited about this forum. I have a question about the liabilities associated with private lending.If i write a personal check to a flipper as an equity partner, junior lien holder or senio...
Hello,Is there a definitive way to determine a states licensing requirements on hard money lending? Specifically, if I want to lend private funds on non-owner occupied residential properties, how do I determine if a l...
Hi all I am looking at different options regarding financing my first deal. I fully understand how an amortization schedule looks for a conventional loan but how about for a private loan? Is it a lump sum set percenta...
Is it legal to post on social media about raising money for real estate deals without a crowdfunding platform or any deals yet in place but for future deals and if it's not legal to publicly post on social media platf...
Good Morning,My company has a couple potential private lenders who are interested in lending to us for the purchase of a distressed residential property. My company will serve as the Gc over the project once complete,...
View report*This link comes directly from our calculators, based on information input by the member who posted.Price includes real estate and ALF business. Manager in place for 9 years. Current year r...
Hi Friends
Currently I have 2 multifamily properties in Montclair NJ and one of the property is under LLC and I have a business mortgage and business line of credit on it. Instead of paying bank 4.5% for line of c...