So, I'm still a newbie and trying to filter through all my internal questions...I feel like I understand the gist of private lending in regards to the BRRR method which I'm interested in however, what I don't understa...
Hello,
I have been investing in the Belleville IL area for about 4 years and have had reasonable success. I have accumulated 6 rental properties which are generating income, and done about 8 flips that sell in the 7...
We are working to close on our first deal and have a private money lender to fund that deal, friends of the family. We are going to split the profits. I want to make sure we do the structure and expectation correctl...
I am currently in the process of doing my fifth BRRRR and have met an obstacle. I was able to save up enough to do this on my own and do the BRRRR process for my first few rental properties. I was able to buy the prop...
Hi fellow BP members,I am currently working to secure a fix and flip. I have gotten a couple of quotes that are up to 200k in repairs. I am considering on doing some of the work myself to increase my profit margins...
I am new here and I am looking for a short brief description about how a private/hard money loan works from start to closing (typical process)...this might be helpful for both private parties that are interested in le...
Hey all,
My husband and I have been wanting to get into acquiring rental properties. Here’s a scenario that we’re looking at and have a few questions about since it’s out first!
it’s an outdated wholesale duplex pr...
What have your experiences been like for each loan type? When doing private loans, what kind of interest % are you usually offering to pay? Lastly, what kind of calculators do you use to determine total interest owed ...
Hi,
I am shopping for a 30 years fixed mortgage and my credit score falls couple points below the "excellent" range. it's only because I had a $56 collection back 6 years ago, which I was due to a move and paid in fu...
I currently have four doors that I have bought with a variety of methods, BRRR, hard money, seller financing, construction loan. I have come up with the down payment for each of these and I am completely tapped. (HELO...