M S
Wholesale In California
Hello Everyone,
I am just getting started in this crazy world of real estate investing and have been looking for my niche to start on. And I have really generated an interest in the wholesaleing aspect. I have be...
Account Closed
Funding 100% of Purchase and Rehab Cost
To clarify a previous posting, are there any hard money or private lenders that would typically fund 100% of both the purchase and rehab cost on a SFR property?An example to clarify..Say the ARV on a fixer SFR propert...
Ashley Benning
Getting a proof of funds from HML to go in offer: takes too long?
This is the second time I've gotten to the offer stage on a fix and flip property. In my market, Los Angeles, these properties go FAST. It was listed on Thursday, I saw it Friday and emailed a few HMLs to ask for proo...
Keith T.
Locating reliable private lenders... and a few questions
Greetings BP-I'm having trouble locating lenders that specialize in fix and flips. I keep reading that hard money is the industry standard for rehabbing homes, but locating them has been fairly challenging. Most websi...
Michael Key
What do you as a private lender want to see from me?
HiQuick background; my wife @JorDanee Key and I are working on closing on our first investment property. We plan on using a conventional mortgage for our second property as well.After this, we are strongly considering...
Oliver Noll
First Time Hard Money Lender: Contract Advice
I am considering lending money for the first time. I would not consider this if I did not feel comfortable with the individual. He is a flipper in Prince George's County MD. We have many mutual friends and I have know...
Michael Doherty
How Does Using Private Money Work?
I recently got off the phone with a lender and he explained to me that if I was to use private money to help fund the down payment on my next deal, the funds would have to be in my account for 60 days. I was always un...
P.J. Bremner
Portfolio Loans - What kind of numbers are you getting recently?
So i'm at the beginning stages of two duplex BRRRRs in the Cleveland Ohio area and evaluating my options on the finance side. I've already done plenty of research on the conventional, Fannie/Freddie side of things (c...
Marty Brodsky
What are your 3 biggest problems with Hard Money Lenders?
I've been researching the hard money lenders in my area, and I was wondering if anyone would share their 3 biggest problem with HMLs?
Travis Kay
Loan Recommendation needed
I'm looking for recommendations and help to find a lender than can lend on a property and not on my personal credit or DTI. While I have an 825 credit score and low personal DTI, I am looking to refinance a rental pro...