Greetings and blessings to the BP community, hoping you and your Fam are sustained.
My wife and I closed on a bank-owned property in S.C. in late September 2019 with a plan to implement the brrrr strategy, which we'...
To start as a private money lender, educate yourself on real estate investing and lending practices, define clear loan criteria, and conduct thorough due diligence on borrowers and properties. Draft precise agreements...
Circumvention
I've notice these doc's are now being used by property locators, realtors and even Investors. they are written agreements between the buyer/investor and property locator agreeing on price and payment.
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Hi everyone! I have been reading many forums and want to thank this community for working as a team, helping each other get more knowledgeable about various topics, and helping out individuals who are just starting ou...
A lot of people say that if you find a great deal, the money will follow. On today's podcast (#307) Chad Doty said that's not necessarily the case. He said you have to also "be the person" that people would want to gi...
Good Afternoon,
I am starting my real estate journey with my business to buy cash flowing properties long term. I have personal capital that I would like to only use if necessary. I am looking to possibly get Lines o...
Hello all, I will try to keep this as tact as possible but there is a lot to take in consideration.I have been trying to convince an elderly gentleman to sell his mobile home park to me for going on 6 months now. He h...
Hello Bigger Pockets Community!I’m looking to connect with experienced apartment syndicators and related professionals! As I pursue this field of real estate investing, I want to position myself with the right people...
Hi All,I’ve been reading a lot about the BRRRR strategy but am still confused about one thing. Assuming you are taking these loans out in your personal name, won’t the banks stop lending to you after the first few pro...
For those experienced in private lending: This question was posed to me in my membership group from an investor:What strategies have been most effective for scaling your loan volume to $5M+ per month? I'm particularly...