I'm considering making an offer on a 36-unit multi-family property. I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options

Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.

Now another question - is that 8-15% on the money they lend you or of your final profit?

I just got an email from my realtor regarding my decision to wait a little longer for prices to come down more. She said this:

"Sad to say that all indicators show that prices will start ticking up not down. The buil...

Someone I knew in high school contacted me recently as she is desperate to sell her house, to the point she may just foreclose to be done with it. She asked me if I would or knew anyone who would would be willing t...

I've herd about a technique for getting together funds by opening several credit cards and getting line increases until you have enough to purchase a property, then refinancing out. Sound like a good idea or bad. Has ...

I am new in Real Estate and was approached by a money lender in a FB group page. He told me he could finance my first real estate deal at 4% on the loan. I liked the interest rate but I asked him what were his terms a...

Hey Guys,In a competitive market, what time frames are you giving on your contingencies?  My agent is suggesting a 10 day loan, appraisal and inspection.  30 day close.Does that seem a bit aggressive?  We've identifie...

I have a young family in my property renting it out currently. It’s a low income home so I don’t expect them to be perfect however I see now that collecting the rent is slowly becoming an issue each month.

In the pa...

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...

Thank you for adding me to your group! 
We are a retired couple, empty nesters, living in New Jersey. In February 2023 we received an outrageously large quarterly water and sewer bill from our municipal water utilit...