Hi, have just purchased a 60 SFR portfolio.my question is:Do I allow prop management company to open and control bank account for deposits that I draw from(and they also have draw access) or do I open my own account a...
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Couple of questions about the potential for non-recourse loans:If I were to use my IRA funds to purchase a multi-family property for 360k could I:1) Have the SDIRA contribute 150K and structure owner finance as non-re...
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The title is essentially my only question. I will add that we're going to get an attorney to draw up some paperwork and make this thing official, but why might it make sense to have a money partner on the loan? Would ...
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I was thinking of using a Hard Money Lender specifically one called Do Hard Money. Any good or bad experience with hard lenders in general. It almost seems too easy so I am hesitant of it. I know the obvious downfal...
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hello everyone,So I'm in the process of acquiring a property through and agent on the MLS. (This is my first time dealing with an agent during a deal) . I made it very clear that I'm a wholesaler and he understood the...
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Hello BP community! Is there a way to bring a partner into a deal I already own? I have heard about getting the house under contract and use OPM to buy it, but in this case I already bought the property and is cash fl...
Situation- I represent the buyer- We've been under contract for the purchase of a home, but with a home sale contingency. 45 day close. The buyer was going to pay cash from the home sale for the purchase, so I added ...
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Hi, I was contacted by a private lender here after looking for funds and I engaged him about borrowing $40,000. He claims I need to pay some sort of "loan insurance" fee before transfer of funds to me. Is this normal?...
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Hello BP,I was wondering if any members may be able to help with some suggestions on referrals for obtaining lines of credit and business credit funding. I am actually looking for speakers for a women's entrepreneur ...
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Greetings everyone. For all those who invest in buy and hold real estate, I'm curious to know what strategies have you used and or use to finance your properties. I'm looking to get into another investment and would l...