Julie I.
Being a Private Lender. What to watch out for?
I am thinking to act as a private lender for someone who is living in NY. I live in California and the property that the borrower wants to use as collateral is in Texas. I know that I would need at least a promissor...
Adam Craig
How to get off hard money lender for fix and flip?
I have been using the same hard money lender for years at 12% with 1 point and lots of trust and flexibility due to how many deals we have done. I have now met enough fellow investors who are sourcing funds much cheap...
Casey Veal
Refinance Part of the BRRRR??
Hey I am new to the real estate game. I'm looking to buy my first house and I am really liking the idea of the BRRRR Strategy but I am having some trouble completely understanding the Refinance part. I don't have any ...
Account Closed
Neccesary Documents for Private Investor
Hi all,My father and I have agreed to be partners in the fix-and-flip business in the DC Metro area, more specifically Montgomery County, MD. My father is a long-time contractor (50+ years) and can handle the rehab es...
Thaddeus Koster
can someone give me an example of an 'exit strategy letter'?
Hi, this is my first post here. I'm in the middle of closing on my first investment property. it's an unusual one (my style...) and it's given me some hurdles but I'm excited about it! it's a very small (4 unit) mobil...
Dianna Nash
Invest in property-with no money
Have opportunity to purchase a $50,000 property. But I have no cash. How can I negotiate to get this property and flip it and make a profit. Newbie
Jay Eubank
Private Money Loan: How to Present?
Hey BP,
I'm Jay, a Real Estate Investor in Las Vegas, Nevada. I'm looking to borrow 100,000 from my great grandma to do a BRRRR deal. I'm not sure where to start with the contract. I want to make the terms of it sim...
Joffrey Long
California Hard Money Lenders: Getting the Trust Deed Investment Closed
Happy New Year, and THANK YOU to all my fellow BP posters and/or readers.
As it gets cheaper, with hard money at 8.5% - that's the interest rate on loans for apartment buildings, (California loans for investment, n...
Fitzgerald Hall
89k Balance on house thats only worth about 50 in as is
I received a call today who's husband passed away 2 weeks ago. She has a 3 bed 3 bath. She does not live in property but her son does. The loan balance is about 89k and her house is worth about 50k as is. How should I...
Kanwar Sodhi
Need Help with Financing (Rental Property in Georgia)
Hey BP, Need some creative minds on this one. I own a duplex in Atlanta and another rental just popped up. It's $150,000 turnkey and it'll rent really well.I've got to put 20% down. I'm waiting for the 1099 from my br...