So I have a decent amount of cash stock piled but I feel it isn't enough to turn into a decent investment.
I hear all of the time people on here saying they used $30-$40k to start up however in my market the only th...
I would like to ask about funding a deal and the order in which it's been said you should approach it.This is what I heard from one source: FIND, FUND, FIX, EXIT. Seems to me if you go find the property first, that's ...
I'm new to both BiggerPockets and real estate investing, but I am ready to get off the sidelines and do my first deal in the next couple of months! I've been working with a real estate agent in the area and I'm going ...
We are looking at a home listed on the MLS, but they want a Cash buyer only and a proof of funds is required with the contract. If you don't actually have the money sitting in your account, what is the best way to ma...
What are some of the different ways that you have structured angel investment agreements when working with friends or family who are willing to invest in your project?I have an opportunity for $70k purchase, $25-30k r...
Hey all,Walking a property with an owner who has a 3br/1ba 1025sqft. property around the corner from my house. He's asking $425k, comps that have sold in the last 2 months are 3br/2ba 1300sqft newly renovated $675k, 3...
Dear forum members,
Can you take a home equity loan out and use that money to lend out as a private lender?
Is that profitable in long run?
Thank you kindly.
Your feedback is much appreciated.
Best,
Sue
Hi BP Community,I am doing a BRRRR, getting the down payment from the a PML but they are giving me cash. How can I use that toward my down-payment? Will the hard money lender ask where this cash came from? The private...
To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
Hi,
I am looking into starting an LLC and buy a property with my sister-in-law. We are looking to sell one of my current investment properties and use that plus some of her capital to buy a house, furnish it, and l...