Hello BP community,So I’ve lined up a great agent, contractor, and hard money lender. I’m having trouble finding private money lending specifically for that 20% down on the hard money loan. If my goal is OPM, just won...
Hi Everyone,I am a new investor in the Austin, Texas area (more specifically - Kyle and Wimberley). My current project is one that I inherited but will definitely pay off in the long run.One of my biggest questions I...
So long story short - I've agreed to terms from the seller to purchase a parcel of land in a rural area. The land itself is fine - wooded but flat, zoned for residential building, etc. However, the only way to access ...
I'm underway with my first BRRRR and it's going well. Looking like I'll keep maybe 5k in the deal but it will cash flow about $400 for me. I want to be able to repeat this as fast as possible, so I'm wondering if anyo...
Hello Investors,
My biggest problem (mostly everyones) is finding the capital to close deals. For example, you know how wholesalers use transactional funding to complete their double close. Can you use transactional ...
Hello,I'm investing in Houston area doing flips (2) and buy and hold (1), I'm running out of room on my debit to income ratio to buy more properties so I was considering private lenders as a way to get out of that.Co...
I have a potential private money lender for rehabing that i am talking to but he wants to make sure he will get his money back and how it will be secured. I've tried doing research on mortgage liens and insurances bu...
I am in a unique situation. Lenders are scare to give 100% because I have only done flip and hold at smaller amounts. I want bigger time with big results. Purchase $430K - Rehab $200K. Lake front home to sell at $1,00...
Hey guys,
I have come across a couple lists of high net worth people who have been lenders on private mortgages in the local county and I am considering sending them a letter seeking REI loans. I have read all the p...
Hi - buying a flip shortly. Hard money lender is giving us purchase price of $95K and private lender is giving $60K rehab money. Hard money people want first position plus a deed that's won't be recorded unless they h...