Anybody know "Lender" Douglas Dorsey Lyons & Partners from Oakland?Several weeks ago I posted on Bigger Pockets in search of a private loan for one of my associates.Several people responded; one of them being Doug...
This is my first go at borrowing funds from a lenders IRA to buy 2nd NP notes and for some reason the concept of using a note as collateral for a prom note is confusing me. I am sure I am over analyzing this.I am the...
I am trying to get a better understand of how using OPM works in RE financing. Specifically, how would you determine how much an investor gets after a flip, or cash flow for rental income? Here are two examples. I a...
Just finished writing out our business plan. Please take a look and let me know what you think. Missing anything? Any suggestions? This plan will be sent to prospective Equity Partners within the next week, any input...
Hi BP members,I'm a newbie in BP and also new to REI and looking for some advise from the pros here in BP.Long story short, I came across this property (3bed 2bath 2300sqft house with pool on a 7k sqft lot) for sale i...
I know it's December/January which is not an ideal time to neither sell or rent. Private landlords in the neighborhood that we invested in are renting their SFH at $2950, but they listed them in August/September. We...
We bought 2 flips just before the market shifted and put all our savings into them, as one was a super easy quick flip but we literally listed it as the market stopped for us here in Phoenix. Of course I can sell bot...
Hello All! So I will be finding a property for my first rehab in April. I plan to use a Hard Money lender initially. Everything I am reading is saying find property first, finance, rehab..... Can someone please help t...
Hello, So, I've been hearing people say that you can have lenders give you $50k and so on. Since lenders would most likely want to be senior lien holders, how does this make sense? If someone were to give you $50k to ...
My wife and I are thinking about moving to another state so we can invest in real estate more easily. We want to buy a duplex, live in one half and rent the other. In order to get a loan to do this (since I am self em...