How do I go about vetting a local hard money lender? I want to be fair and pay the lender for their services, however I want to ensure my assets are protected.
Hello everyone, New investor here, I like the idea of house hacking and am in the process of getting my first property to house hack.However my fear has always been how to get folks to fill up the extra rooms especial...
Buy and hold multifamily residential property vs. note investing vs. REITs, Pro vs. Con?One podcast I heared Joshua Dorkin mention he was interested in shifting from buy and hold multifamily residential, to note inves...
I have a month-to-month lease with my tenants. I plan to sell the property so that I need to give tenants a termination notice. Does anyone have a notice template that you can share with me? Is there any form that ...
Hi,
I have been doing private lending at small level with my own money that me and my wife earned.
I was doing on our own name, no LLC involved.
Now I was thinking opening a LLC.
Just need opinion what are pros an...
I'm about to close on a property that will be my first vacation rental, so I'm starting from scratch. I'd really appreciate some advice about how to get started when I get the keys. One of the first things I think I s...
The Ten Most Ridiculous Type Posters on BP
1. The insurance salesmen in the personal finance forum preaching “infinity” banking
2. The posters with 2 posts “testifying” as to the value of a particular guru’s mentors...
Hi,I'm looking for some advice on how to create the right strategy for a creative financing project:The basics:The seller wants to continue living in his house. Purchase price is 500K. Rental income is about 4800/mont...
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...