Rusty Glines
Private Money
My wife and I have been evaluating and dissecting properties over the last few months. We feel we have a few potential prospects. Our only problem is coming up with the down payment. We have invested our resources ...
Erin Madden
Are you a Peer Street Investor/Creditor?
I’m starting this thread in response to the recent bankruptcy filing of Peer Street. Several Peer Street investors seem to be on bigger pockets, so I wanted to get us all on one thread, if possible to share resources ...
Kelvin Huang
Getting Finance for building 4 units
Hi all,I'm planning to re-build my house to a 4 units and I'm looking for the best way to get finance for this project. My total project cost is about $500K. I do have a lot of equity on this property so I was think...
Mark Cruse
First Rehab?
I'm trying to close on my first rehab using hard money. The lender will give up 60% to someone on the first deal. The loan will be approximately 95k but he states that I need to come up with 35k. I didn't understan...
Keenan Smith
Are loans tax-free??
Hello all,I'm new here and I've heard from several sources that loans are tax-free. Is that accurate? It seems like a giant loophole to me. Is that why you would refi after rehab?
Account Closed
Moving from innovative startups to real estate
What are some tips for a business investor experienced in high risk startups shifting into real estate investment? How drastically do they differ, what are some of the most transferable skills between either?
Damaris Gama
Purchasing my Uncles Home
Hi there,Recently, we lost an Uncle whose home needs to be sold so the money can be divided among the siblings. My mother-in-law is managing the state and doing some projects to get the house in better shape before go...
Andrew Grieb
TSP LOAN Interest
BP,So last year I took a TSP (thrift savings plan) loan out of my TSP retirement account to fund some real estate transactions. The loan from my TSP gets paid back to my account and it pays the account 2% interest ((...
Corey Kenney
What should I do with my first 50K?
I need to make a decision on what my first steps are going to be here. I am torn between buying a lower value property with cash or using a down payment and a hard money lender. The goal would be to have a smaller pro...
Justin Reed
Hard Money Nor Cal
Hello ya'll. First Post, but I've been following for years. I can't seem to find anyone that can lend on 6.8 acres with 3 homes on the property.Any suggestions?Thanks!