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Hey guys! So My buddy and I were talking yesterday about the corona drama and our rentals. We were talking worst case scenario. He was telling me that he doesn’t make much from his 3 rental properties (3 SFH) and th...
Hey guys! My question relates to how the process of acquiring 10 mortgages in your name looks? I know there are residency requirements for many conventional mortgages but are those strictly FHA loans or something like...
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Hi Everyone..I was hoping that someone might be able to help me get some further clarification regarding private money lending using my self directed IRA. If I am understanding it correct, I need to set up an account ...
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Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
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If I have a property in mind...
(1) What do private lenders look for to ensure that they are lending money to a good deal? How can I put my best foot forward so that a private lender feels confident in the deal and i...
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My money is in the lowest risk position, I'm the first to get paid, and I make the most money! I love my job!
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I have had various feedback from praise to criticism on the model I use as I invest in real estate. I base a lot of my model on the opportunity I wish I had at the beginning of my real estate investing career and part...
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Instead of asking a question, I would like to present what I know, or think I know, and ask if I'm leaving something out or am completely wrong. I have several properties I am trying to control and before I do so, I w...
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I am a new member on BP and this is my very first post. It amazes me all the people on BP that are so willing to help. In advance, I appreciate any and all information/help. My father is 59 years old and has $1,000...
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I know there are hundreds (thousands probably) of lenders out there that offer a DSCR product. I am posting here because I am looking for some advice or recommendations from other investors who can recommend a lender ...