I started a hard money lending business with a couple of partners in the Nebraska and Iowa marketplace using our own capital. Demand has been solid, and it has become apparent that we are going to have all of our mone...
So we have some private investors in our rental business LLC. The loans are unsecured. My account says that I do not need to file a 1099-INT because I am not in the trade or business of lending. I was just wonde...
any suggestions for a private lender on a 5 unit? Looking to barrow about 200k and I don't know where to start, I'm located in ny
I'm a lawyer and my husband is a doctor. We have astronomical student loan debt from a top law and medical school. We have been searching for a hard money lender or a bank who warehouses their own loans because we don...
Hey Biggerpockets, when using the BRRRR strategy, do I absolutely have to buy the property with cash? Is it possible to buy a house with a conventional loan and 20% down, rehab the property, then get a refinance? If s...
I am looking to partner with someone and when I find them , I wanted to know what is the best strategy to partner with them? What bylaws should I consider and what business strategy should we implement?
I am in the process of establishing my LLC and I am interested in setting up a business line of credit for the corporation. I wanted to ask if anyone here could recommend a bank or financial institution where I could...
Hi all!I'm looking for some help and/or mentor as I've been grateful to save $500,000 but I'm not sure where to best invest these savings in. Ideally, I would like to generate a 10% to 20% return on investment as I'm ...
Can anyone explain me the difference between Private Lender and Hard Money Lender ?What are the Pros and Cons of each ?Usually, what will be difference in terms and conditions between them ?When do you chose Private l...