From all the pod casts I've listened to, it's always recommended to work with the non main stream banks for your REI loans. I can understand and agree to the points they have made on that topic. However, I only had ex...
With a hunger to start going in real estate, would anyone recommend using hard money lenders as a means of gathering capital for first flip. Without my own capital on hand, it seems that getting in REI is extremely di...
I have a deal question - quick scenario. Have an opportunity for a 38 unit prop that has 3+ acres for further development, which has received all approvals and rights to add an additional 28 units. There is a privat...
I did a gap loan to a wholesaler who has a few projects going on. This is my first time investing. I received a promissory note/ operating agreement. He promises to pay principal and interest at a yearly rate of 12 %...
Hello,My question - can I refi a hard money loan into a new construction loan if my conventional lending doesn't come through. tear down purchase price 295k 105 down. I have a contract on a home. I am using conventio...
My friend is picking up steam in his REI career and he called me today. He purchased a house that he used private money to get, and he planned on using the BRRR strategy to get his investor's money back. He hasn't sta...
Hi BP,I'm planning on partnering with someone on a future deal, the issue is they will be the one supplying the down payment which will roughly be $50-70k. We're going to do a simple 50/50 equity split on the ownershi...
Hey everyone! We just purchased a new build in February and have an unfinished basement of 800 sq ft. We are in the process of framing out two bedrooms, one full bath, a kitchenette/living room space and a closet for ...
Hey everyone,
I'm in North York, Ontario and have been dabbling in the world of real estate for a few years now. I've had great success with single-family rentals and they've been a steady source of income for me. Ho...
If anybody has heard of or worked with this lender before please share your experiences. If you worked with someone else please let me know lenders name and how it went. Thanks you!