Yonah Weiss
12-15% Cash-on-Cash return- too good to be true?
I know a successful HML based in NJ lending mostly in Tri-state area, on creative loans that most lenders turn down. He runs a conventional fund, that lends HM on standard deals, but bunch of deals fall through the cr...
Brian Quigley
Looking For Private Money Sources in Colorado
What is the cheapest and most reliable source of funding for real estate investing outside the normal FHA203K and Fannie Mae Homestyle Renovation?
Hassan Omar
How have you guys (and gals) been able to adjust to the tightening money supply?
With all of the changes and chaos in the mortgage industry it has become harder and harder to find conventional, hard money and private loans. However we still need funds to get deals done. My question to the experts ...
Sergio De anda
New Member from San Diego
Just signed up. I'm a private money lender. Being doing it for a few years.
Came across her by chance and figured would pick up some business if possible but also some different thoughts and ideas of where the marke...
Dennis Williams
Who do you use as an Appraiser in Jackson Mississippi
I have a partner in Mississippi. We are currently transitioning from using our own cash to using private money. However, the current lender we are using didn’t have an appraiser that could get the job done in time. We...
Marty Smith
Hard Money Lending-Tennessee
I'm looking to expand my private money lending platform for real estate flip investors in Tennessee. Does anyone know the licensing requirements for private lenders for "business purpose loans"? Our loan will always e...
Patrick Philip
How to use OPM to find fix and flips?
I'm about to do my first fix and flip. I have enough money for one. If the first one goes well, I can do another. I might be able to do 4 per year this way. What if I want to do more than that?If I found private inves...
Graham Melvin
Income class and tax consequences for HML/private loans?
Hello BP, I've been approached about providing private lending (HML) for an acquaintances house flip. I wanted to know if the income from both the points and loan interest will be categorized as passive income (and s...
Christopher G.
How do check legitimacy of a PVT Money Lender?
Hey guys, was PMed by a private money lender today from a FB real estate page that I'm on. He said he gives loans from 6months to 20 years at 5%. Background check includes bank statement to prove they have income, I...
Guillermo Nadal
My most recent flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $28,000
Cash invested: $31,000
Everybody win. My private money lender win seller win buyer win realtors win. Contra...