We put an offer in on our first deal this morning! We have a possible private lender that we are going to present the deal to. What are some of the typical terms and rates you suggest using when presenting this deal? ...
I am new to the real estate investing world, but I have a few questions about private lending and long term financing for long term buy and holds. So I have been listening to all of the pod cast and hear multiple peo...
I see a lot of posts about private lending and skin in the game. If you can build relationships with private lenders you get them to fund 100% or pretty close. It takes networking and trust in you as an investor. H...
Hey, Biggerpockets people! I haven't been on bigger pockets for long, but I'm really excited about what real estate can do!Here's my question - I have a private money lender who is willing to provide $40,000 at 8% ove...
Hello,I'm looking for reliable hard money lender (or local lender in Kansas City) where I can do a no seasoning cash out for 30 year fixed. I searched the forum and have Google several (mostly lenders who says they c...
Below is the first draft of the business plan I created for REI.The final product will be created using liveplan.com to create a polished and professional looking plan.The only thing that I'm still working on and is m...
I am getting ready to purchase a property in NC using private funds...I am also going to purchase the property for me and my wife to live in...There is about a 50k spread on the purchase and was wondering if I sell...
My partner and I own an investment property in Indianapolis(SFH 4bed 2 bath, 1508 sqr feet). We acquired the property prior to the pandemic, in 2019, and it has appreciated quite a bit since. The original purchase pri...
Hi! Is it possible to contact a financial institution who does SDIRAs and ask them to reach out to their clients about possibly investing in real estate? I am really struggling with HOW to find private investors!! ...
Hello. I’m trying to figure out if private money is used for land flipping and when I sell and have the private lenders original loan plus interest. How is that structured via taxes? Would I just write off the origina...