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Just by talking about my real estate goals at my Dad's pre-bowling party (lol), one of his friends approached me saying that he would be happy to look at a flip-proposal and (if it looked solid) would fund the deal. Q...
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I am looking for advice for the best way to structure a private loan. I have a business contact who is looking to invest 200k, from the sale of their current apartment building (next month). I believe that he has fa...
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Hey BP,
I have been marketing and working with local businesses in my area for some time now and have decided to take on additional free lance opportunities.
My experience is with google adwords, Gemini, FB adverti...
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I'm brand new to REI. Would someone's first splash in REI as a private money lender be a bad idea? If I could find someone who could use my cash better than I could, what would be a pitfall of pushing this strategy? I...
In the past 24 hours I have received several emails from private lenders looking to loan me money. Based on their email address these lenders appear to be individuals, without a company behind them. How can I verify ...
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Hello BP Members! I am writing to ask a question related to "the order of things" when it comes to starting out. I have not bought my first deal yet because my seed money will come from a refi on my current home. Refi...
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My partner and I are very new and have our 1st potential flip under contract. Due to financing issues we had to use a hard money lender witch can get complicated and has limitations on how much we can actually do on o...
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When approaching a private lender what is a fair rate of return back to that person? I have never used a private lender but have developed a relationship with this person. They have offered in the past, but have never...
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I have capital, and want to be a private lender. I really would like to talk to someone with experience doing this.I have already found a borrower, but I don't know where to go from having capital, and having a borrow...
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Hi BP!
I found a person with capital to give private loans towards some real estate projects. We need a company or legal services to draft contracts and act as the medium of our transactions. Any advice on this w...