Ramiro Rodriguez
How to get Funding for BRRRR abd Fix and Flips
Any advice on how to get funding for someone who doesn’t have a “rich uncle” or much money saved up for a significant investment? How does this process work?What are the various types of loans that one could use to bu...
Haley Black
I need a private lender
Hello out there,My husband and I and business partners are investing in a short term rental in Florida. We are in the process of completion and we are ready to close and move forward, but it has been so frustrating. W...
Brad Kanouse
First house purchasing/financing options
Hello,
I have a significant amount of money saved up and am wondering what the best way to use it toward purchasing my first property. Would it be best to use a hard money lender for the whole deal (Purchase, reno a...
Anja Brey
Legal/tax question regarding self-directed IRA
Hello,I have a defaulting promissory note in my self-directed IRA. I am about to short sale the property for a large loss. Ideally, I would close out the self-directed IRA and move the money back to an IRA brokerage a...
Brandon Smith
No money down vs. saving for a down payment.
I have an emergency savings account that covers 3-4 months of bills. Now that I've built that I want to start investing in multifamily housing. I don't have a down payment. Is it worth finding a lender for a down paym...
Dillon Turnquest
Cracking my first deal
I'm a fairly new investor in real estate i have been taking a real estate class to everything i can about the business. I have been reaching out to hard money lenders for funds over and over and can't seem to have any...
Jason Ruggiero
Private lending for new construction project
I'm new to the BP Community and hope this is my first of many posts in communicating with you all. I recently earned approval for a 6-unit development in East Boston. The site currently hosts a small single family hom...
Jeff Stephens
Refinance Out of a Hard Money Loan
I am looking for ways to refinance out of a hard money loan, without using Fannie/Freddie conventional financing. I am going to be purchasing a property and using hard money for the acquisition, but I think I'd like t...
Joe S.
Best way to compensate someone that loans the down payment
So has someone used money partners for the down payment only. I’m not sure what to offer someone that is interested in investing with me as far as them putting the down payment on a purchase. They would not be signing...
Colin Brazell
What type of hard money terms could I expect...
If I were to borrow about 30k for a 45k SFH that I plan to BRRRR in Detroit. I have excellent credit, with plenty in the bank to cover it were something to go wrong. A friend of a friend said he wanted 2 pts and 12%. ...