Stefanny Gonzalez
Hard money lender when investing in a house flip?
Hello all! How do you guys feel about working with a hard money lender? I am planning my first house flip and coming into it with a partner. The plan is to purchase a fixer here on SoCal, rehab it and sell it off with...
Anders Jax
Best books on RE Private Equity?
So Im working on organizing a real estate private equity deal and its getting a bit more complicated than I think it should be, but I need to understand all possible structures and figure out if what the GP is pitchin...
Max Johnson
Financing a New Construction
Hi Everyone, As you all may know the Denver market right now is crazy not only for investments but also for personal residences. I am looking for a new personal residence but i've realized for my budget there isn't an...
Kevin Drysdale
Find Property or Investors First??
I've been studying and learning REI for about a year now. I am wanting to start with a few flips to generate some more capital to be able to get into some buy and hold properties. I'm building my team now - RE Agen...
Mike Schorah
This can’t be right……. is it that easy to make money as a real estate agent?
I always saw what the Bureau of Labor Statistics said about real estate agents. For instance, the newest stat for real estate agents is that the median salary is $49k (https://www.bls.gov/ooh/sales/home.htm).
I spent...
Michael G.
Fair profit split between partners
Hi all
After a pretty successful growth period, my business partner and I have have been approached by a number of people who are interested in partnering on some larger projects.
We are looking at a 6 unit buildi...
Matt Powell
Do portfolio lenders' terms vary by deal?
Hi all. I'm hoping to use a portfolio lender to finance my first flip. If I find that BankA offers residential rehab portfolio loans, will their terms depend on their confidence in the deal, to include my experience a...
Rich Weese
Rehabbers
If you are still in the rehabbing business, are you using borrowed funds or your own money or joint venture? If not your own funds, % for JV or rate you're paying for borrowed funds? After paying for borrowed funds , ...
Miles Stanley
Line of credit, cash, private money mix-up...help!
I'm trying to come up with creative ways to finance future deals without burning through all our capital. We (my wife and I) have a couple lines of credit totaling about $95k max (I don't want to over utilize these, ...
Matt Patrick
Help!!! Duped by hard money lender!
Hello everyone, this is my first post on BP. I have been using the advise of this community for sometime now. Here is my situation. I just recently purchased 2 properties to fix and flip. I used the same lender on...