Noah Swope
Starting a Private Money loaning business.
Greetings,
My name is Noah, and I am interested in exploring the field of hard money lending. Unfortunately, I do not possess the personal capital required to fund loans myself. However, I have a valuable network of ...
Justin Pumpr
Paying off a partner on a seller financed deal
Hey all,
I want to acquire more proeprties and the best way to do this is with OPM. I'm wondering how you go about paying back the private lender when the property will be a buy & hold.
Example:Purchase a proper...
Brandon Heimsoth
Guidance on filling first vacancy
I just rehabbed one of my 2 properties that I manage. I inherited tenants for both so this is my first time filling a vacancy. I decided to use RentRedi for management. I was able to easily get my listing out. I'm...
Marshall Secord
Flipping and saving on taxes with a Solo 401k
Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
Dennis Johnson
Private Money
Hey group looking for insight to attract some private funding, I have a opportunity for a 200 unit. Any with questions just ask away willing to share info.
Ross K.
Critique my Rehab SOW
First, sorry for the long post! I have my first rehab project under contract and having just finished up the @JScott books on this topic, I've used his strategy as a starting point. I've built the below SOW and ...
Josh Mills
Creative Ways To Purchase a Distressed Property
Hi all!
Looking for creative ways to buy a pre-foreclosed property, the situation is below.
The owner owes in the 400's on a property that is zoned 2 fam but they converted back to a 1 fam. Listing talks about t...
Will Carter
Where do you draw the line on cash flow with negative equity?
So I'm talking with an off market somewhat motivated seller (he wants to liquidate to fund one larger single project in cash, his own retirement community) about a 4 plex in a grade B- -ish neigborhood.I'll keep the a...
Matt D.
Newbie in construction project
Hi all,I'm going to build a new condo apartment (8units) from crash (all utilities such water-hookup, electric, sewer are available). Usually the owner would need to work with an architecture and a developer for such ...
Tarek Wazzan
Wholesaling from the MLS
Has anyone wholesaled from the MLS (excluding the foreclosures and REOs)?
Does it actually work? How much earnest money? And what clauses would you need to include on the contract the realtor sends you to be able to ...