Hey everyone!Newbie here probably asking a very basic question, but nonetheless, I need some clarification. I am trying to figure out how the process of paying back a private money lender works. Now, I'm sure there ar...

Hi all.
Making my first step into the real estate world.  Started an LLC with a best friend and putting a cash offer in on a bank owned property.  Planning a flip of the property with 50k cash buyout + 40k estimate o...

what does that term " hard money " mean?

Nightowl :oops:

I jumped in as the third offer on a short sell house sitting empty for over 4 months. No expectations as I knew there was a 2nd lien but a month later I get a counter offer from the first that I accepted. At least I...

First ever post here!! My question is how are you professionals able to cash out refinance on LTV without waiting the 6 month seasoning period? Are there requirements that must be met? Does it depend on the bank? Does...

So for whatever reason, I’m having super favor in finding deals. I’ll lay out the quick history to catch you up with my current situation. 2 years ago I GC’ed the construction of a duplex on a lot I purchased from a d...

Hello Patrick 37 from Denver here. Looking to get started with my first deal. I began my Journey a  few months ago when Rich Dad Poor Dad opened my eyes. I have also read David Greene's BRRR book as well as his Long D...

Hi BP'ers,
Recently came across a packaged deal in PA (1x 4units + 1x 5units) where the seller is adamant about selling it as package rather than selling them individually. I am very interested in one of the building...

Hello Everyone,Any input is appreciated.  My father in law has owned a full service auto repair shop and used car dealership for 30 years. It sits on a one acre property. Recently the lot next to him which is 9 acres ...

is hard money loans good for first time investors??