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My plan is to place my current residence in an LLC and utilize as a short term rental (AirBnb, VRBO, etc.) and also do a cash out refi. I formed the LLC, and then was notified that since I have an FHA, I could not qui...
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Hi Everyone! Happy Friday!
Question about a HELOC:
My husband and I currently own 2 duplexes and have a triplex under contract. We are using a conventional loan to cover 80% of the deal. For the remaining 20% + cl...
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Hello everyone, I have to start somewhere. I have a duplex that was passed down to me from my dad. I have that up and going, now Im interested into buying a multifamily unit. I've attended REIA events and other meetup...
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Hi everyone,Just recently I found a fantastic deal that includes 2-4 plexes and 2 houses for $450,000. All the properties are in fantastic condition. I would jump on this deal however I'm 19 years old, still trying to...
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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...
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I'm confused on how you would pay private lender. If I were to do flip would I pay them after closing or would I pay them monthly. What would be good % to offer?or would doing a split be better.
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Could someone please explain how partnerships work with a private lender? How do You get their money back to them ASAP while still netting positive cash flow.
Thanks so much in adavance.
Shathan McCoy
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I am looking for advice on lending on a home flip that I am about to purchase. I will be closing on the property in the next two weeks, but want to pull my money out and be able to purchase other properties. I'm loo...
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Good morning
Need help finding private lenders. Any recommendations or referrals? Also if I was referred to call a private Lender I never talked to prior, how should I start the conversation and ask? Are there any...
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I currently live in Seattle and I'm looking to invest in mobile home parks around the Washington area. I have a potential private money lender and looking for advice on how to present the deals. I'm in the process of ...