Hi BP! I called several hard money lenders a few months ago and they all said they would lend 80% LTV but that their LTV is based on purchase price. Listening to BP podcasts and reading Brandon Turner’s book on invest...

I've been reading a lot about using a self-directed 401(k) to help with funds for a buy & hold rental property. There are a few things I'm a little confused about. 1.) Everything I'm reading says you can use a "se...

There are a few properties coming up for auction next month in my area that I'm interested in acquiring through an LLC.  I'd like to raise some capital from private lenders in order to fund the deal.I've put together ...

I am beginning my journey in wholesaling, I recently had a situation with a home owner who wanted a Proof of fund letter to possibly put put the house under contract, however I lost that deal because i didn't come wit...

Hello,I'm sort of a newbie real estate investor. Currently, I own my primary residence and 1 rental property. My goal is to own another 30 rental properties in the next 3-5 years with a monthly net cash flow of $500 a...

How can I use hard money for Foreclosure Auction?

Hi All Long time follower, first time poster.  Looking for some ideas for financing for local sheriff foreclosure sales and Auction.com sales.  I have had success purchasing properties through the foreclosure auctions...

Hi BP! I have a couple of SUPER NEWBIE questions about repaying a Hard Money Lender (I've never even had a regular mortgage for a personal residence). 1. My assumption is that once you get the hard money loan and you ...

When putting in offers on homes with the intention to wholesale, does one need proof of funds before getting the PA signed?

I have sold 1031 and am now looking for replacement properties for the next 45 days.   I usually buy properties from wholesalers or directly at foreclosure auctions.   A few questions. If I buy at a foreclosure auctio...