Hi Folks,As the title suggests, I'm looking at an owner finance deal (6 residential units plus 3 commercial spaces,485k asking price) and I think they'd consider an offer with 50k down. I have about 20k available at t...
Hello all- I am somewhat of a newbie and have MANY questions (I'll try to stick to the most urgent. First though - my position is this: I currently have a high paying day job, great credit, and I own my own home (fixe...
Hi everyone, I hope this finds you well and safe.
I am looking for guidance on ways to finance a down payment. I have a deal (6 units) but don't have the financing for the down payment. What are my options?
Can ...
I've just been offered a loan for $150k which is great. Problem is the loan term is for 8 years at 13.99% interest, and I can't pay it back early for 24 months.I know everyone talks about raising funds, etc. Should I...
For real estate investors who have worked with private money lenders, what strategies have you found most effective in structuring deals to ensure both parties are protected and the funding process runs smoothly?
Hello everyone, I'm Stephanie. I've been listening to the podcast for some time now and wanted to take a leap of faith. I'm a nurse in NY and treating covid has left me depressed. Though I love what I do, I've been lo...
So here is the deal: With my current financial climate and aspirations, my best bet getting started with investing is through creative financing. I have a potential private lender / partner ready to go once they have ...
The weather has been a disaster down here last week and this week. I had plans to go check out some houses with the hopes of getting some under contract. Lately, all we got was tornadoes and heavy rain. I want to make...
Hello everyone, I have this problem I am trying to solve for my parents. They own a local private motel in the state of Kansas and it is not doing good at all. My dad is having trouble with payments. There are no buye...
Investment Info:
Other private money loan investment in Spirit Lake.
Purchase price: $56,000
Cash invested: $23,000
Sale price: $100,000
Purchased a 5 acres parcel of land with a dry cabin and...