Willie Smith
Private money questions
I have investors that I can borrow money from. I’m trying to figure out how to pay my investor if they loan me $100k @10%. I’m going to be doing the BRRRR method so I won’t be holding the money that long.
Will I pay...
Josh McCullough
Reducing turnover
What are y'all doing to reduce turnover in your homes, or lots? Are you using credit checks? It just seems like everyone(at least around here) has bad credit. Stable income at least 3x's total housing payment? Do y'al...
Shmuel Harris
Discuss: Your definition of "Investor"
Hey,Apparently when we sign up for a BP account we are automatically given the title Investor (or I don't remember that I personally chose that designation). I didn't feel like an investor and still don't, seeing that...
Mikal Quintanilla
Loan Approval Question
Will lenders approval a loan if you bring them a great deal? Although I may not be in a perfect financial position to get approved for a loan to purchase an investment property, ( credit score, income, debt, etc) I’m ...
Tyler Stetz
Hard money Lending requirements
When approaching a hard money lender what are the most significant things they look at in a borrower. Do they look at your DTI ratio, do they require a certain amount of income based on loan value? Etc. I know they wa...
Roupnel Pierre
approval for PML & HML
Hi BP,
Anyone of you guys in the Boston Area works for a PML or HML? I want to shop around and get a the best offer I found a house I want and I want to make an offer. I just need to shop loan rates. Any suggestions...
Jack B.
What do you think of this syndication deal?
JRW Investments is who I got this through. Not sure of their reputation or how to vet these types of deals as I'm used to single family residence rentals.https://www.docdroid.net/ZkdX6QD/exhibit-c-er-nlpef-4-executive...
Manuel Chico
Structuring Private Lending Partnerships with No Capital
I'm a brand new investor with no capital, but with a thirst for knowledge and a strong willingness to hustle for the right deal. I understand that most partnerships would be based on me having some skin in the game o...
Evan Kilbourne
Real Estate Crowdfunding - Experiences, thoughts, etc.
Hi All,I just got back from a REIC meeting and the main presenter was talking about crowdfunding and it's use for investors and RE deals. Has any one used crowdfunding sites before like? What successes/pitfalls have t...
LaRhonda M
Syndications and Passive investing
What are you thoughts of investing passively through sydications and how exactly do they work, or how does the investor profit?I have a potential deal for a 80 unit apartment complex.. $25,000 min investment... 10% ca...