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...
I have been interested in real estate for many years now and I know its where I belong. It is the only thing i feel passionate about iv come to learn. I have come to this site to gain knowledge from the experience of ...
I am looking for a strategy to use a private money lender but I will cover half of the cost. I have someone I'd like to work with and we both have HELOC's in our current homes. However, we don't have enough capitol to...
Hi my name is Carolyn,I am very new to the community of REI. I have been thinking about it for years, but now I am serious about it. I want to try and approach a family friend about their property that they have a mor...