Good good credit, 6 properties paid off with plenty of equity. I went to local bank president and spoke with them everything sounded good. I told them that I wanted to do a cross collateralized line of credit so I can...
Hi everyone , I've got a quick question. If you were to have a silent partner who would be the money for the deal. What would be the ideal terms for both parties.1)how long of an agreement? Flip and Rental2)points3)pr...
Hello all. I am seeking some advice in regards to using capital from friends and family who are interested in investing in my real estate portfolio but do not want to be directly involved in the day to day management ...
Is there private money lenders that will be silent as 2nd mortgage for downpayment? I’m trying to do fix and hold properties. Where can I find them? I need to come up with 20%. Thank you!
Hey BP!If i have a private investor that is willing to lend me a down payment on a property how do you structure it to not consider it a silent second fraud? For instance, if a friend gave me 20,000 for a down payment...
I'm setting up a deal to bring on a silent partner at 49% ownership for a daycare business and my business plan has the daycare purchasing locations over the next 5 years. Is a lender going to require the silent part...
Hi everyone, I have been stalking the BP forums for several years now, both under this profile and an old one I had. Thought it would be nice to start participating in the forums and connecting with others, so here we...
So recently I'm trying to get a few things done. I have a 3 unit that needs to be refi'd into something long term. I'm trying to do a cash out refi on this thing so I can start 2 new projects. Small dollar stuff, I o...
Many people buy real estate hoping to make great cash flow. But all too often that cash flow is quickly eaten away by a silent but deadly thief. In this episode of the BiggerPockets Podcast, Josh and Brandon sit down ...
Hello All, There are a number of posts about partnerships, but few discuss the nuances of tax implications, especially when one party is primarily interested in this investment for the tax incentives. Would appreciate...