Sara Enyart
Private money/hard money loan
We have decided to use a private money/hard money loan for our next (2nd) flip. How does this work? Do we apply for the loan and then find a property? Or do we find a property and make an offer contingent on approv...
Devin Bost
How to use private loan money to pay down payment?
I'm trying to figure out what my options are for creatively financing the purchase of a plex. I found a banker who is willing to finance to up 75% of a purchase if I can cover the remaining 25% in a down payment.
I ...
Isaiah Elysee
Private Money Lender Passed Away
Let’s say a private money lender gives me the money that allows me to purchase a house. While I am paying him the necessary interest, what would happen to my property and the money I have been paying him if the privat...
Roman Stefaniw
Private Lending Questions
Hello all! Im brand new to the forum and to real estate investing and have a question involving private lending. From what I understand a private lender is interested in lending his/her money out for a super high inte...
Nick Marshall
Structuring an LLC with private money lender
Hi everyone,We are working on our first deal and after sitting on the sidelines for a while and reading all thing BP, we are very excited to have our first offer accepted! We are looking for advice on how to structur...
Hunter Woolsey
Private loan question
Hello all,I am new to Bigger Pockets, I have been reading the forums for about a year as well as listening to the podcasts on my commute to work. I am also a rookie investor from Texas, I currently have four rental p...
Devan R.
New to Site - Private Lending
I'm new to this website - found out about it and have been hooked since Saturday. I've been reading several post about private lending for a year and then taking a mortgage out after the 1 year. How does this work?...
Sean Starkey
Looking at a multifamily deal in Ohio
So I currently have 30k in capital and looking to find a private lender to help fund the rest of the down payment on roughly a 389k duplex in Ohio. So I plan on getting the money from the private lender for down and u...
Trevor DeSimone
How Do You Protect and Structure Private Money?
I've done private money lending in the past with both contracts and promissory notes. If you're a private money lender how do you protect yourself while lending? What legal documentation do you use? How do you vet you...
Chris K.
Pros/cons of conventional vs hard money?
What are some of the pros and cons of going with hard money / private lending vs conventional for a second home/ investment, rental property??