Anna Kristensen
I can borrow 100k private loan, what should I do with it?
Hi, Newbie seeking advice! I can’t get a bank loan (my income is too low and irregular), but I can borrow 100k from family, or sell a share worth 100k of my property overseas. What can I do with 100k? I hear about peo...
Bhanu P.
Can we lease to default borrowers of a foreclosed REO in TEXAS?
We closed a REO property in Texas and former owners are still living in the property and when we approached them to give 3 day notice, we learned that they are interested to lease from us for an year.In normal situati...
Eli K.
Qualifing for a second morgage , im a co borrower on a loan
Hello im about to co sign on a loan with my Mother on Monday, she is the primary borrower and we will live together in the house , i want to be able to qualify for a loan to buy a rental later on , i heard that if sh...
Christopher Winkler
Looking to borrow up to $3M against $7.3M in real estate lots
I was approached by a company that specializes in selling empty lots to people for all uses, mobile homes, RV, hunting, blowing stuff up, whatever, Some are large, some are small.
436 now and adding $1M in receivable...
Ethan Giller
Borrowing money then renting to the lender as a tenant - tax strategy
Hey all,
Here's the situation. I'm planning to move in with my girlfriend in a new city and we're thinking about buying a property instead of renting. I'm thinking about buying a cheap "fixer upper" that has sat on...
Jason Kim
What are the promises and offers to make when borrowing Private Money
Hello BP members,
I am studying hard to become a rehabber and here are some questions to ask to some of seasoned investors in this forum about private money.
I have enough money to fund one project to flip and I am ...
Daniel Eden
How long before you can refinance if borrowing from a hard money?
Hi Everyone,
Quick couple of questions:
1. If you borrow hard money, how soon can you refinance?
2. Does the answer to the question above apply to a personal home loan?
Thank you!
Wei Cho
Borrow money to build unit or save money to purchase new property
Hi everyone I need advice.
For those familiar w/ California's ADU & jr ADU laws:We live in a suburban neighborhood in SoCal, about 25 minutes east of downtown LA. We just purchased in August 2020 a 3/1 with a de...
Dee Jay
Best route to borrow for a new rental additional property in LLC
I am looking to borrow 250k to buy a 300k rental property which would be in a new LLC.
I currently own 1 rental property (250k) in an LLC and current home with no mortgages. what would be the most recommended borrowi...
Brad Hornecker
Borrowing a Down Payment from a Friend for a Fix & Flip
First of all, here's the basic info on this flip deal.$450K Purchase Price$570K ARV$30K RepairsI initially reached out to my best friend who has talked with me on partnering in the past. He is a successful profession...