AJ Wong
BIG HELOC Energy: Why large equity lines can be hard to get and what to do instead
With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...
James Blair
Private Lending - Delayed Interest Options
For the past five years, I have been providing private loans to a builder for new construction projects. Our agreement has typically been structured as an interest only loan, where he puts down 25%+ when purchased and...
Rich Thomas
Private lending terms- need your opinion!
Hello,
So I have a private lender that has sent me his terms on the money he is willing to lend and I would like some opinions on these terms as this is my first time using a private lender....I would be doing all th...
Ian Livaich
Best Type of Initial Loan on a BRRR Deal
Hey everyone,I am analyzing my numbers on a triplex in New Jersey as a BRRR and may submit an offer this week. I would be obtaining a loan for the purchase price and paying cash for the repairs. After 6-12 months, I...
Jessica Semrad
🤔HELOC or Cashout REFI for down payment🤔
My husband and I have 2 rental single family properties as we just started our real estate journey. We bought the 2nd property April 2021. We just found a great deal on a duplex but are about $10k short of what we nee...
Account Closed
Private money lenders being paid at the end of the loan term
Hi, are there any private money lenders that will allow you to pay at the end of the loan term instead of month to month? Does this rarely occur?
Johnny Bravo
Private Money Loan Structure?
Hey everyone, I’m working to get my first deal going and will probably be going the private money route, at least for the down payment. This would be for a long-term hold focusing on cash flow as opposed to immediate ...
Jason Flores
Real Estate financing questions
Hello BP community, I've been listening to BP podcasts and checking in on the forums for a little while now, trying to soak up as much as I could. I recently found a great partner to start investing with and we are cu...
Jiminia Rhymes
Beginner Investor Questions new to real estate Investment answers
Hope this is not a silly question, but can you pull equity out of a home that has a mortgage? I was told by a real estate agent that you cannot. If I purchase a property with a loan but I'm paying a mortgage, can I pu...
Ben Wilkins
Debt Partner Agreement Wording
Good evening all,I am currently looking at using a private lender as a debt partner. I just closed on a quad using my own money, and have an opportunity to purchase a tri from another investor. He has offered to lend ...