Temie William-Olley
Newbie Question about private lenders
Hey, I had a question in regard to using private money or just someone else's money to purchase a property. I am looking to purchase a rental property for buy and hold. If I am able to find a great deal (based on what...
Elizabeth Danks
Private money lending
I would like to take a loan from a family member, and wonder what documentation I would need. I am planning on having them be the lienholder on the property, with a fixed interest rate and no payments until I sell ...
Andrew Hofing
New Guy from Pittsburgh, Pa area
Glad I could find this group to connect with R.E. Investors and access many free resources. I hope I can contribute and bring value with the private lending I can offer and range of business lending I can provide....
Brandon Petrowsky
cash out re-fi -OR- heloc, no prospective property
i'd like to line up some funds in order to possibly get another investment property in the coming year. i look at properties quite a bit, but currently don't have any property in mind that i'd like to purchase. my t...
Wendell De Guzman
How I Am Buying 20+ Houses No Money Down
Last week, I posted Week 1 of my "quest" to buy 20 houses with no money down. You can read the details here:https://www.biggerpockets.com/forums/522/topics/38...Week 2 onwards, I will just put my updates on one post i...
Cody Bernardy
Hard Money vs Conventinal on Flip
Hey BP,It's my first post :) So I'm 22 years old, with a pretty good career and no debt (I net about $75k a year). I'm looking to flip my first property in Tacoma Washington and I have not figured out my financing out...
Amanda Berg
HELOC as downpayment for first investment
Thoughts on using a HELOC to invest in 1st property rather than using savings?Has anyone done this?I have about 200k in my current house.I have 100k in the stock market making 7%.I was thinking, why not use a HELOC to...
Matthew Gil
QuickBooks and Real Estate Accounting
I have a QuickBooks question pertaining to landlording. As a rule, how are you handling or categorizing the following?:
Cash outs from real estate closings in which the buyer has excess funds left over from a purcha...
Christopher Mendoza
New Investor Rolling into Chicago
Hey Everyone,
My name is Chris. As a California native (inland empire), I was hesitant about leaving the Golden State, but I am glad that my travels have brought me to Chicago. The weather may not be the be...
Charles Kammer
1st Deal Strategy: Place title in LLC, Trust, or Personal Name?
Hello All, I recently inherited a small home that is held in trust. I am the sole beneficiary and the only trustee. I am almost finished renovating the property, and I would like to rent it out soon. My goal is to mak...