Andrew Wiseman
How do structure a private money deal?
I am wanting to approach one close friend of mine on investing 200,000 as a down payment on a million dollar loan. This would be a deal to acquire 30 single family homes. I am not sure how to structure this deal. I do...
Michael Wentzel
can a minor be a private investor?
We have been working with private lenders for a couple of years. We have developed a pretty good system with promissory notes and deeds of trusts here in Colorado. Then a potential lender asked me this question and I ...
John Anderson
Buying Real Estate with a private lender
I am going to start looking for private lender partnerships. I would borrow the 20% down payment from the private lender and get an 80% LTV 30 yr fixed mortgage with a hard money lender (~6.5%). I would repay P&I ...
Kraft, Jay
How do you vet a private lender?
What steps can I take to vet a private lender and is it necessary?
Marshall Hurley
Finding a private equity partner in Boston
I'm located in the Boston area and I'm trying to fund my first house hacking strategy. I saved the money for a down payment but, even with a cosigner, I wasn't able to qualify for enough to buy any multi room house in...
Josh Calcanis
Structuring a private money deal - 1st attempt
Hey BP - I've been on here since 2015 when I bought my very first SFH. I'm now in multi-family and want to take the next step into a larger multi-unit complex. I've got a decent amount of capital from a cash-out refi ...
Rick Bradd
My first time as a private lender
I am almost done working out a deal to invest some money with a respected REI, who is a well known and respected BP'er. I set up a SDIRA with UdirectIRA.com in September 2012, from application submission to funding to...
Jeff Jenkins
How Do I Structure a Private Loan?
Say I have found a great deal on the MLS, and I want to purchase it. Assuming I know potential investors, how would I structure the deal? Say the house is $100,000 (for sake of clean math) including any repairs. ...
Matt Hammack
In need of a Private Money Lender
HelloMy name is Matt Hammack and I am an investor in Portland, Oregon. I have just closed on my first fix and flip property in SW Portland. I have three other properties under contract now and I am looking for private...
Asif Ahmed
How to structure a private money deal
Hi all,I'm hoping to make an offer on a deal very soon for a property that just came on the market. I've run the numbers and it looks like it could be a solid BRRRR opportunity. I've convinced my parents to be my priv...