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I am purchasing properties with hard money, then refinancing. I have used hard money companies, but now my family and friends are interested. I have no problem with this, as long as it is in a contract. I need ideas...
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Does Private Lenders normally charge for Processing a Loan?
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Hi all!
We're currently trying to get started in acquiring a rental utilizing the BRRR technique in Florida. Would anyone happen to know a private money lender or would know where to start in finding a good private l...
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I know the definition of "REI" can be very broad. But, in a very general sense I have been having the realization that even in some of the best REI scenarios 10%-15% return on your money is pretty good (this of course...
House Bill 1050 (S.L. 2014-3), signed into law May 29, 2014 by Governor McCrory, provides that the gross receipts derived from the rental of a private residence, cottage, or similar accommodation listed with a real es...
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I am new here and I am looking for a short brief description about how a private/hard money loan works from start to closing (typical process)...this might be helpful for both private parties that are interested in le...
Hey guys, one thing that I am struggling to figure out is how private lending works and how I can utilize it to benefit both parties in a buy & hold scenario.For example, when purchasing a property, you as th...
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I’m a newer investor. Currently we own (4) properties. Most are multi-unit. Since my earliest research, I’ve heard of the tax benefit that comes with real estate investing. I have a high income job that is not relat...
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Can other investors be used as private lenders to fund the purchase of a multi-family home? If possible, how to approach them with this idea? This is an option I was wondering since I do not have family and friends to...
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A guy who lists himself as a private money lender on a different platform happened to reach out to connect with me, and on that platform, I do not speak about my real estate investing.But I thought it was very timely ...