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Currently I have three properties. A one bedroom one bathroom home, a triplex (my family and I live in one unit), and a quad. The one bedroom is paid off, we have a HELOC on the triplex, and a mortgage on the quad. I ...
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I know most people who get into private lending usually start by lending to friends or family or someone in their trusted network. Is it really as simple as that? Just draw up a promissory note, register it with count...
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Has anyone out there set up a HELOC on their primary residence and then use that HELOC money to private lend to real estate investors? If so how is it working out for you?
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Hello there,It was on my mind for a while to become hard money/private money lender. I am interested to learn this business and would appreciate greatly initial guidance. In a perfect world I would like to partner up ...
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Hello everybodyI have some cash in hand. I would like to become a private lender and was wondering who I can reach out to, here in the greater Houston area. I'd prefer someone who is seasoned, and has been doing this ...
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Hi Everyone,My name is Michael, and I'm a traditional turnkey investor. I have an opportunity that conventional or DSCR lending won't finance. It's for lease option investing, where the tenant brings in 10-20%, and us...
Does anyone know of a good resource for learning about doing a private placement to accredited investors? Know of any good lawyers that help put these together in Atlanta or know of any investors that do syndicated d...
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Hi All,I have a freshly minted LLC that will be acting as a temporary lender (until I refinance) for a deal I'm involved in. However, I've never drawn up the perfunctory documents that I'm sure you need if you're goi...
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I was recently taken back at thanksgiving when 2 family members approached me about my RE Investments.
Them- "so did you buy that other property?"
me- "yep."
Them- " well, you know, if you're ever looking for invest...
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Hi my name is Kevin Conrad, 23 years old from southeastern Wisconsin. Recently I have joined Bigger Pockets and been educating myself as much as possible. I currently have a private lender for a single family buy and ...