I have a situation in which my wholesale deal requires either a cash buyer or hard money lender and thus $45,000 or $13,500 respectively. both these amounts include the assignment fee. What issues might there be if ...
I’ve been trying to figure out a way to purchase more rental properties and grow my portfolio. I currently own two properties that cash flow nicely, plus my primary residence which I have ~$70k in equity. I opened a H...
Hello, all.
I'm currently working with my brother on a real estate deal, which puts me a little behind as far as starting my own real estate investing because I don't want to pull out of my deal with him. It...
My business partner and I purchased a 3 flat in Chicago for $325k about 3.5 years ago. We are currently getting $4300 in monthly rent - Soon to be $4600. We formed an LLC immediately after purchase. We have bee...
Due to significant structural issues, my renovation is over budget and I'm running out of funds. What was a bathroom and kitchen job turned into a major reframing. I need another $25k to complete the project, and I ha...
Hi BP friends,
This is my first post. So I’m looking for some advice. My wife and I are currently small investors. We do currently have an LLC setup but after going to refi some cash out of one of the homes, I realiz...
I'm about to pitch to a friend (who actually pitched to me awhile ago, so I know he's interested) about financing flips with his money through private money lending. I basically need to know how to even talk to him ab...
Like any good investor, I feel like I am working on it all the time. I love it, so it's not quite like work, but ideas are always turning in my head. So over the holiday weekend I was at my parents and we were talki...
Is it common, when dealing with private money lenders, to have an "Origination fee"? How do you know that it isn't a scam? Does anyone recommend a private money lender for a rookie to real estate investing? I curre...
Hello,Gathering some more info here before finalizing my investment strategy and curious if anyone knows if it's possible to use something like the FHA 203K loan, but on a traditional loan instead. I've heard from the...