Hello All!Is it difficult to secure a hard money or private lender to purchase properties that are being auctioned. I am new to purchasing auction properties. I assume you have to show proof of funds when purchasing.....
Hi BP,Has anyone in BP ever used private or hard money lending on their first deal to secure a property (let's say that the owners are looking to close quick and will take cash buyers only). Let's say that I use hard ...
Does anyone know if there is a secondary market being started (or in the works) for any of these crowdfunding offerings? A "FOLIOfn" if you will, but for real estate crowdfunding the way Prosper and Lending Club alre...
Hello all,I'm trying to acquire/confirm some accurate information regarding private real estate syndications. Is it accurate to say that a person (non-accredited investor and lead on the property purchasing/fixing/res...
Hi,
for everyone who owns an RV/ boat storage, do you have an on-site manager or security guard 24/7? I have vacant land that I want to turn into an RV storage, however, I just don't know about the security guard. I...
Let's say if I have a 100 unit multi-family building and I'm partnering with 4 or 5 investors who is helping fund the deal. When it comes to repairs that need to be done to the building, is the money to make the repai...
Looking at a small (10,000sf) facility in tertiary market (pop 12,000). Current owner (lives about 45 mins from facility) really doesn't care much about the property and the reason he is selling is "he doesn't have t...
Hello all,I have rehabbed a good amount of properties using Hard Money and always have to come out of pocket for points, closing cost, etc. As far as Private Money I have not found that one lender who has more than 30...
Hello - I have a private lender who is willing to lend us money to finish our current construction project. We have quite a bit of equity in a rental property, and he would like to use that as "secured property" for t...
Hello everybody, I have a quick question regarding protecting my lender for an auction property purchase.I have a lender willing to fund an auction purchase for me, however she is on the East Coast and cannot be prese...