Hello everyone I am currently looking for my second home to flip. My first one was a success. But now I want to build up relationships with hard money lenders. So my question has anyone used a business plan or some ty...
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Would it be wise or beneficial for anyone to use hard money to fund repairs on a home that you are selling owner finance? I have a property that I contracted on for $70,000. It needs about $20,000 to get it back to re...
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How much of your time and money is spent on marketing your business?
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What type of account does everyone utilize to keep their rental capital/money separate? Do you utilize another personal checking account, personal savings account, business checking account, etc.?
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I'm a new investor and need to open a business account for my LLC. The account will be used to pay contractors, hard money loans, and everything else. My question is what bank(s) should I open an account with and how ...
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Bunch of questions for my scenario; please help!Considering buying a townhome near a beach. Lots of vacation rentals, casinos, and a military base nearby.Listed: 140K, Offered 140K (in my name as of now). HOA 58/month...
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If I read this correctly, it will end the exemption for hard money/private money loans. After July 1st, anyone who wants to give a loan will need to be licensed. Getting a lender license is no joke, it's a tough proce...
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Hi BP,
Is there really a such thing as a private lender? From what I understand, a private lender in a person or group who evaluates deals and lend their own money to a borrower. What I frequently observe are hard mo...
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I just acquired a 4-plex today. I currently have 18 units, and will have another 4 here within the month. As crazy as it might seem to many, I self manage from out of state. I have a reliable maintenance team and l...
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I’m going to start a LLC. I’ve yet to get my first deal. But I need the Corp to get a loan. Should I get a s or c Corp. I plan on flipping houses and using hard money loans. I was going to wait for my first deal but ...