Samuel S.
Private Placement Memorandum- Do I need one in this scenario?
Hey BP Folks,So I am going to be starting a syndication to raise $100K, where there would be no more than 10 investors, all of whom I would know personally. Some would be accredited investors, whereas other might not...
Brian H.
Need advice after randomly meeting a potential private investor
Hey folks,
Hope all is well with everyone else here.
So I was helping a friend of a friend deliver some mattresses the other day (he owns a mattress store) and we had a good bit of time to talk. He sounds potent...
Justin Pumpr
Paying off a partner on a seller financed deal
Hey all,
I want to acquire more proeprties and the best way to do this is with OPM. I'm wondering how you go about paying back the private lender when the property will be a buy & hold.
Example:Purchase a proper...
Gerald Marshall
Private Money
I have a family friend who is in a position to become my personal private lender. I would like to make this as easy for him as possible. Any advise on how I go about assisting him in setting up to do this. I am a ...
Jerry Mical
How do you set up your deals w/ an out of state family investor?
Hello all!As the title states, how do you set up your deals with an out of state family investor? Do you get everything written up by an attorney? Is the cost of an attorney worth it? Being that I am in Charlotte, NC ...
Amanda Fernandez
PML Models
Hi! I have some friends / ex coworkers interested in becoming my PML's. (Private money lenders) I am wondering how I should structure the loan though. I would like to see how others that have used PML do it. I would l...
Daniel Reyes
Investor Relationships | Multifamily
Good evening BP!
One of the critical, and oftentimes elusive relationships in multifamily investing and deal syndication is the capital investor/LP. The Sponsor/GP has the option of fundraising from family and friend...
Jerry Cima
What sort of arrangement do you have with your lenders?
Just wanted to see what sort of agreements were typical between an investor & their private lender? I know each situation is different, but i want to be able to present different options to investors. I'm looking ...
Dallin Dragon
How do I secure funding before buying a foreclosure at auction?
To buy a foreclosure at auction I need to have the full amount of cash within 24 hours of getting the house at auction (that’s after paying $20k at the auction). I’ll go to auctions with specific houses in mind that I...
Zachary Peacock
What is the best way to finance a full rehab/renovation?
Buying 2-3 houses for under $10k each - Won't have to borrow against the homes, but will be borrowing for the construction work, and oh my goodness do these houses need some TLC..Looking for suggestions on how best to...