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Hey friends. I have sourced 3-4 private lenders (family and friends) who are willing to assist with property acquisition via private loans. This would not be for the whole price of the property, so I'm still utilizing...
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Can it be done? If so what method would you use without front money? Hard money perhaps? Any ideas? :D
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I'm wanting to get into PML. I understand the after repair LTV should be no more than 65-70%. But I'm more confused on the LTV prior to rehab. Let's say a property cost $300K and needs $150K for rehab so total cost $4...
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So I have been approached by an investor with an opportunity to provide a private mortgage on a fix and flip. I've never done any PML but I do want to start. I'm trying to educate myself as quickly as possible. Her...
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I've found a property I would like to purchase, but I'm having a hard time figuring out a way to finance it. The asking price is $120k, and the problem I'm running into is that I cannot use gifted funds for the down ...
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Is anyone aware of any Savings Accounts that pay high yield savings (1.6% or more) that allows you to open the account in your Solo 401k Trust EIN? I would like to be able to put my money to work in such an account w...
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I found someone that wants to lend me money, but he is a first time lender and I am a first time private money borrower. We have agreed on the terms of the loan and everyone is happy. I have an attorney helping with ...
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I recently left my job where I had a roth 401k (so my contributions were made after tax). Does anyone know if I am able to roll this account over into some kind of self-directed IRA where I can use the funds for re...
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So my question is about how to get 100% funding for a flip (purchase and rehab) when just starting out. I know it's a rare thing but I know it does happen. I have a few ideas but don't know if they'd work or not. Or i...
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Greetings: I’d like some input on using my 401(k) to purchase Rental Properties via a self-directed IRA. I understand that you need a custodian, I understand that you can only transfer the 401(k) once you have stoppe...