As a first-time flipper of a SFH with a goal of making at least 10k on the project, would you recommend financing everything with hard money (10.6% and 3 points, loan for $189k, interest $1,717/month) and a personal l...
4plex cash flowing great. My balloon is $55k due in 6 months from now. 4plex is worth about 140-170k currently.My problem is that I am self employed and dont't show much income at all. I do have 750+ credit and a numb...
How do you go about finding a good legitimate hard money lender with lower ltv? My clients that don't have cash is paying 50 and 65 LTV. Are there any "legitimate" lenders or private money lender out there with at l...
Would it be a good idea if I would to purchase a Home under a conventional loan and seek out a private money lender to help fund the Rehab cost ?? Has anybody else used this strategy ? Or is there a better strategy fo...
I paid cash for my last two houses, but I am looking to finance my next flip. This will be a 3-6 month flip. With all of the different loan types, I'm wondering what the BP pros would go for.
People often ask me on ways to become involved in Real Estate Investing, Whether they have good credit or no credit, Money or No Money. Below are 4 ways that I have developed and branded for individuals, couples, fami...
Hey everyone,
Looking to see how some of you are getting private money for your investments. I guess beyond asking friends and family. Is there another way to find private lenders from your personal experiences? tha...
You have cash on hand, but still need lending to close deals. What's your ideal lending situation when analyzing hard or private money? Ideal interest rates, points at closing, early payoff costs, etc? I realize each ...
Can someone please share some examples on how to structure a RE deal when you are investing with an investment partners, who is not involved in acquisition or day to day management?Also, how do we structure it legally...
I have just won a bid for a rental home for $385,000. I have a lot of cash, but believe getting private funding until I can refi is a good strategy. There are minimal repairs required so can rent it withing a week o...