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Hi All, I'm here in Charlotte, NC and I need help in my ask to a private money lender. There's a 3/1 ranch about 23 miles outside of the city. I want to move it to a lot about 10 minutes outside of downtown Charlotte...
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I am new to real estate. I am almost done my first JV. So far so good. I have a bid accepted from a bank REO for a home to be rehabbed and flipped. I was planning to use hard money for that deal. There is a private mo...
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Hi BPers, Just a heads up I recently go and email for a suppose private lender and after researching him I found that this is a scam, please be sure to do your due diligent when people email you and say they are a mem...
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I have an aquaintence that contracts. He’s got a good reputation, and seems reliable enough. He is limited as to how much he can have borrowed at a time, so we spoke briefly about a private loan. We are talking about...
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When working with private money lenders, what is the best agreement in your opinion with regards to ROI for them? Profit-sharing? Interest rate? What do you prefer? What do they typically prefer?
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Hi folks,For those who are doing syndicated deals and working with accredited investors, what is the average price you pay for a PPM (Private Placement Memorandum) in your area/state?Any recommendations for an attorne...
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Question:Has anyone looked into starting or has started a private equity firm of their own? Dream big!!A private equity firm that stabilizes and streamlines investments nation wide is my dream. To me the ultimate goa...
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Hello Biggerpockets family,I am looking to raise money from family members to start flipping my own deals. I have three people that are willing to invest. I will be using this money for down payment of a hard money lo...
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Hello All,
Is anyone aware of a model that allows me to invest passively in fix and flips and make a % of the profit? Something that requires me to have no knowledge, experience, or involvement?
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Hello BiggerPockets Community,
As a private money lender, I've seen the transformative power of fix-and-flip projects. However, like any investment, they come with their own set of risks. I’d love to start a discussi...