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How to identify a good private lender when you are new to real estate investing?
I’m looking at starting a private REIT with friends and family. My idea is to form an LLC with ownership equally spread across all investors. After this is done, my idea was to have everyone (around 10 ppl) invest $50...
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I am a newbie, with no money to start out with I would like to flip and hold, or sell do I need a private lender? Or hard money lender? Which one is better, and why? I am trying to do wholesaling but building this ...
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Hi everyone. I'm looking to get into a small development which I belive will be a big payoff. I currently own 8 residential properties that I rent out, but have been itching to bump it up a little. I found a nice p...
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I have a house under contract in Beggs, OK. It's a rural property on 5 acres of land. I have had two realtors take a look. Both felt comfortable selling in after rehab for $120-125k. I was going to wholesale this prop...
I have never done a flip with a private loan before, but a good opportunity has presented itself and I know someone who is interested in partnering with me. The way it would work is he would fund the purchase and reh...
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Hello, I am currently looking to start my real estate portfolio in the US. As a Canadian I already own real estate in Canada. I am looking to approach a private investor (close friend) to loan me the money in order to...
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Hello BiggerPockets i ran into a serious question. I'm looking into buying a house within the next 8 months and i was wondering how i could either buy a foreclosed house or typical mortgage Foreclosed : Today i went t...
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Hello BP Community,We have a rehabbed property on sale and the buyer has money to put down 10 to 15% as a down payment but he does not has a very great credit score. So banks denied him the loan.We are willing to be a...
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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...