Mark Schmidt
Using a private lender
Hello! I am still new to this whole process and still in the research section on this journey. I am a little confused on how to go about using a private lender and how does one make money using a private lender? Any...
Michael Cox
Question For Private Lenders
I have a question about private lending? Say I come across a property for 150,000. I only have enough money for 10% down, $15,000. At the same time, I have a good friend who could loan me other 10% for the down. Doing...
Kyle Novak
How to refinance out of private money
I constantly read about investors all over the country using private money to fund deals, and now that I have found a private money lender I'm curious about how to refinance out of the high interest rate that private ...
Joseph King
Seller financing understanding.
Good morning BP community. My question today is on using partial seller financing and a private lender, I would like to know if this general example would work . (Not real numbers)So I recently found a deal for a cash...
Sarah Jane
paying for rental investment all cash?
Hello biggerpockets :), heard back from two of my brokers and pretty much the only options I have to get into a rental is going the private route. So I just started thinking and thought about freeing up some cash whic...
Jorge Vazquez
Advantages and Disadvantages of Section 8 Real Estate Investments
Section 8 housing is a controversial topic among real estate investors. The program comes from a housing law passed in the 1930s during the Great Depression. At that time, the government was focused on providing high-...
Kyle Pettit
Private Lending Terms ?
Today, I have been educating myself on private money. A few posts came very close to answering my question (or maybe they did and I can't quite wrap my head around it).
On a typical Private money loan, what is typica...
Caleb P.
Borrowing Cash From Private Money Lenders
I am 23 years old and just graduated college about 8 months ago. I do business with a family member of mine, where we invest in rental properties and do flips on the side. We have 12 properties total of which 1/3 bel...
David Simpson
Origination fee... real or fake?
Is it common, when dealing with private money lenders, to have an "Origination fee"? How do you know that it isn't a scam? Does anyone recommend a private money lender for a rookie to real estate investing? I curre...
Chavis Atkins
Private Lending
I'm looking to purchase a property in Merrillville, Indiana and flip it. What are good ways I can go about obtaining funds with reasonable terms under my LLC? I normally just contract houses and wholesale them but I w...