Watching the markets very carefully these days esp California SF Bay Area market........ Has anybody researched when all these private equity companies will be free to release the homes they purchased from 2009 to 201...
I have 6 rental properties and have private financing on 5. I have about $250k equity in the homes. Problem is the cash flow. I have loans of roughly 1.3 mil and the purpose was to buy the homes and sell as the mar...
Two part questIon. Say you had enough for 10% down on a good deal would It be wise to get private money for the rest (projecting a mortgage of 1500 and PML payment of 500 and cash flow 700/mo) Let’s say you have exhau...
Good Morning,
I was wondering if anyone would be willing to share their experience and terms of private money loans. I recently had a family member interested in lending me private money, however having never gone...
When borrowing money to help fund a deal what are the best strategies for paying lender back? Using cash flow from property? Refinancing after a few years? Any advice is greatly appreciated. Thanks
Hi BP,I just did a cash out refinance on my property that is supposedly worth $350k (waiting for appraisal inspection next week). I’m expected to get about $210k with 4.5% interest (no points) for investment purposes....
What strategies are seem the best to finding private money to fund deals?
I have a recently rehabbed 4 bedroom pool home in FL and wanted to know if it was too large to capitalize on as a medium term/travel nurse rental. Is there a market for larger properties? I haven't furnished it yet an...
I recently became a Certified Private Money Broker and my original plan was I thought I would use that business to build my Capital so that I could then become a Real Estate Investor. As I started out in my Broker bu...
Hey BP,I am trying to find a private money lender to assist with the finances of house flipping. Originally, I was going to obtain a hard money loan. However, after a great deal of research and analyzing the outcome a...