How much do you expect to be paid back on a 45k loan for 6 months use of your money?
Hi everyone I'm new to investing and found a nice property. My question is how do you use the money you borrow from a private lender. Do you use it only for the down payment and then refinance cash out and pay it back...
I am running my analysis for a 4 plex I am considering buying on the calculator. Problem is on the calculator, you can only put in loan details for the first mortgage. I am planning on using a private lender for my ...
Hey BP,I am struggling to figure out how to develop the best strategy to find and build relationships with true private money lenders. I am a buy and hold investor who focuses on small multi-unit properties in the Co...
Hello all! I’m in a situation where I’m looking to build storage units on a piece of land I’m purchasing but have a couple of questions about moving forward on the build. I have a private party (parents) that would li...
I have found a private money lender and she is asking me what her tax obligations will be on her profits. This will be her first time lending and my first time using private money. Any advice would be appreciated. Tha...
I am seeking information on how to find private lenders for projects. What are some strategies and does it matter if they are local or not, as I am in Denver, CO. Thanks!
Hi, guys! I recently saw a post on an Oklahoma investor Facebook group composed by a man names Chris Arciga (or maybe it's Arciga Chris). He offers any loan size and type, at 5% interest. Sounds pretty sweet! He is no...
Hello All,I am looking for a good simple mortgage template I can use for. My private lender. Just wonder if someone has one or can direct me to a site that they have used before. Thanks
Hi! Looking for some insight into the private/hard money lending. We have started an LLC with the primary goal of doing fix and flips. I’m wondering if anyone can share how much cash on hand we should have to get fund...