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Results (10000)
Kerry M. Why a 7 year loan?
5 January 2013 | 13 replies

Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...

Scott DeLange Hard money question
24 August 2016 | 1 reply

Can someone help me understand the hard money lender process.
Theoretically say I found a house for 100k.
Lender pays for house + closing + rehab = 125k

So to keep the math easy I now have borrowed 125k f...

Julian Buick Which pool should I dip into?
23 March 2015 | 2 replies

I'm thinking about getting involved in real estate investing. I've been working as an engineer for the past 20 years and have built up about $325K in my 401K but I hate the idea of building this up until I retire and ...

Carlos Diaz Looking for a deal that would meet Do Hard Money's criteria
4 February 2016 | 1 reply

I have been racking my brain, and spinning my wheels with this hard money lender. After plopping down a $2K investment, I have submitted various deals to them. None so far have worked. I have been told that if I am ab...

John Robertson Money partner equity split
5 May 2008 | 1 reply

Just out of curiosity, when you bring a money partner into the situation, how much of the profit do you give them?

The scenario in question involves a $6MM property. It will be flipped, and the money partner will ne...

Thomas Williams Starting a Real Estate Investment Business
2 October 2015 | 4 replies

I am starting a real estate investment business in Southeast Texas and would like to get investors interested in investing with us. I will start out rehabbing residential homes and work my way up from there. I am plan...

Jonathan Brown How to utilize small amounts of capital from private lenders?
15 February 2019 | 2 replies

Hey BP communityI am in the process of raising private money, I have been somewhat successful raising 20k between two lenders. The issue I run across is I have people able to lend 10-15K and not the amount that would ...

Kameron Starr Other people’s money
19 February 2021 | 1 reply

So what are the cons/drawbacks of using OPM. My wife and I bought our first rental and are being persuaded strongly by some family members not to use OPM for additional rentals. They talk highly of Dave Ramesy. I loo...

Michael Macaluso Should I use cash or heloc?
15 October 2019 | 2 replies

Hey all! My name is Mike and for the past few years I have been trying to buy my first property. Finally, in two weeks, I close on my first one. I house hacked a single family side by side that is in need of some cosm...

Jesse Maldonado Question on hard money lending in NYC
27 January 2019 | 4 replies

Hello BP community,   I am saving up for my first buy and hold property and I am trying to buy it in New York City(Specifically The Bronx and Queens) where I live. I am practicing analyzing deals using different inves...