I have a house I recently purchased that I am renovating to resale. I also have an individual that is wanting to invest 10k to help with renovations. What is the normal collateral on my end? I really don't have any...
Hello everyone!I've got a good rental property in NW Florida that is vacant at the moment. My property manager has shown it several times, and normally has a very good record when it comes to finding a tenant quickly...
When you utilize private lending to purchase a property, do they as the private lender bring the money to closing in the form of a loan or do they cut you a check? Not even sure I used the right terminology here. Tha...
With no experience and no money, we will obviously need to get creative with our financing! I keep wondering, what will ever make a private lender want to trust someone so new to real estate, with no portfolio or mone...
I'm considering a loan from a private equity lender to fix a rental property. --What is a fair interest rate to expect to pay?
-How does it work without giving up the deed?
-What is a good formula?
Two months ago, I started to look for a private investor to rehab a SHF. Eventually I found my aunt who is willing to loan me half of the rehab cost of 50k with 2% interest in the first 12 months. And balloon payment ...
I'm planning on purchasing an investment property in the range of 30K-50K, instead of using my capital looking to borrow from a private money lender. This private money lender is an investor with many properties and i...
Hello BP Community,
I've been looking at a few multifamily properties lately. I'm attracted to these properties because I'm getting out of the military at the end of the year and I need a place to lay me head and it...
Hello BP Community,
I've been looking at a few multifamily properties lately. I'm attracted to these properties because I'm getting out of the military at the end of the year and I need a place to lay me head and it...
I got approved for $250k @ 5% for 30 yrs by a private loan company. I now have to pay 2 points ($5k) for loan fees up front. Since everything was done online by email and a few phone calls I'm not sure if i should b...