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I know my relatives have money I could borrow, but I'm having trouble getting them to see past me being younger and so forth. How would you convince your relatives to invest?
Hey guys,I'm new here... have a friend that referred me to this site to ask questions...I signed a contract with a turnkey company but planning to backout.. there's no earnest money paid...Is there any ramification fo...
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Hi folks! I'd love a recommendation for a hard money lender that will allow me to close on investment properties with online notarizations. I frequently travel abroad and it's not always feasible for me to get to a US...
Hello BP community! I've been hanging out in the shadows for some time now reading posts, listening to podcasts etc. Well after a year plus of research its time to make an offer on my first deal. I need to get some fo...
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Hey BP,
I am looking to start an LLC with my father as a Co-Owner in order to purchase a 4-plex with hard money. My question is will this require me to file a corporate tax return due to having a co-owner? Also will ...
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So i've been trying to get into rehabs and flips but i am finding trouble finding a lender. The house I have found is 15k but its going to need about 30k to rehab . After repairs the value will be a around 70k however...
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When making a loan, a bank and hard money lender have different opinions when it comes to determining the value of the property. The appraised value is really not that important to a private lender. Instead, a hard mo...
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Hi All,
My partner and I are working to put a 9-plex under contract for $285k with a $1k escalation clause. We have not gotten it under contract yet but we should have a decision by Monday. The property is essentiall...
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I need to understand what hard money is and how can it be used successfully to fund your first multi family? What are the pitfalls? I just need to be educated on this as much as possible because securing a deal in NJ ...
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I’m having trouble figuring out is Hard Money the best way to start a BRRRR