After a couple of days of "driving for dollars" or "biking for dollars" in my case, I thought to myself there has to be a better way to track where I have gone then tracing my routes with a pen on a Google Maps printo...
Hey friends!My partner and I want to flip a house and we have someone who wants to fund us, but they want to explore the option of using an IRA to do so. From what I understand this is possible if it's set up as a sel...
What has been your biggest win as a private lender this year?
I'm lost on how to present this to the private money lender on paper. And do I open a business account? Another question I have is; can I whole sale the property and make money upfront for my bills?
Does anyone have any strategies on how to a position a partnership with a private lender in order to start to obtain a Rental portfolio (with no out of pocket capital)
As a private lender, we use reserve funds as a way to gage whether or not someone is financially ready to take on a real estate investment. We use 10% of the loan as a rule of thumb.
Even though we can usually fund ...
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Who's your favorite fake guru?
Oh my... this is not an easy question - so many to chose from. From the fake lifestyles, the rented yachts, private jets, Lamborghini's/ Ferrari's, and most of all the fake success. One...