I understand there is a limit to how many private money lenders you can have at one time, and it varies from State to State. First coming from Florida anyone know what this number is? Second, anyone know where to find...
Client is doing a refinancing on a duplex, but in Los Angeles Covid is a big problem and Lender insists on an appraisal that is inside, instead of just looking at the property on the outside, also tenant in front is i...
Happy New Year!I am from NC and new to the MF investment. I learnt that a key principal, with mf experience, is required to qualify for financing. My internet search returned very little about KP role and compensation...
Can someone help me understand the hard money lender process.
Theoretically say I found a house for 100k.
Lender pays for house + closing + rehab = 125k
So to keep the math easy I now have borrowed 125k f...
2nd tier entitlement question. How does that work for a multi unit? I’ve heard mixed things from different people/lenders. Our current condo uses my husband’s entitlement, it is a condo that we live in. It uses about ...
I am interested in starting in REI and I already started saving for it but I do not know how much I should save to start investing in my first property. I am thinking about starting my RE business in Orlando FL and I ...
For budgeting/pro forma purposes:As the buyer what should I expect to pay in closing costs in Columbus/Central, OH? General dollar amountsPercentages of XOtherThanks, Chris
I see a lot of new investors seeking advice. How I can I help?
Disclaimer: Your state laws will vary but I can point you in the right direction.
Hi BP!I'm just curious how people are structuring their Private Money loans for real estate deals...What sort of interest rates are Private Money Investors getting right now?Is the loan for the term of the project, or...
I'm a newish investor, bought a duplex in San Antonio, TX to house hack last year. Major unexpected repairs meant we only had enough money to fix one unit in 2023, but I anticipate finishing renovations on the second ...