Does anyone use OPM to purchase turnkey rental properties then use delayed financing to transition into a mortgage right away? How do you make sure to provide your private lender with a return on their money? Is there...
I lent money to a flipper in San Diego who claimed bankruptcy and fled to Canada. I then realized the lender made over a million dollars when he foreclosed on his property. I was wiped out as second lien holder which ...
Hi, I understand that most private lenders want to lend for no longer than 5 years. With this in mind, do investors who use private money need to continually find new private money to act as a replacement? Or are b...
I want to make sure that I have a list of private money lenders ready that would be willing to loan on a property once I find that one qualifies. The property alone would qualify as my credit is not that good right no...
If you’ve ever taken a loan from a bank, you know funding can take months and come with headaches. Experienced investors rely on unconventional ways of financing deals. Two methods of this are private money and hard m...
I feel a bit stuck in this scenario, and I could use some advice.I'm raising some money from private investors and wanted to run some options by more experienced posters, because I'm a bit unclear as to what the best ...
I have been listening to podcast, reading books, researching tax liens, deeds, notes and everything about real estate. I feel that a MFH will be the best start. I want to eliminate my rent expense, by living in one of...
I've been following Elliott@Invest with Ace for a while now and Sam Primm on Instagram recently. Invest with Ace's spreadsheets look really clean. He offers his spreadsheets and information in a la carte form. I atte...
Hello all, I am wanting to start finding private lenders to invest in my real estate deals rather than working with banks and traditional lenders. I know plenty of doctors, attorneys, dentist and other business owners...
BP Community,Any recommendations on reputable private money lenders (not hard money lenders) in the Houston area? Thanks in advance,Cameron