Shawn Roberson
Lending Earnest Money
I have a real estate investor who wants to borrow earnest money ($1,000) and a proof of funds letter. He waiting on his money to come in but does not want to lose the deal. What kind of fee should I charge to lend the...
James Letchford
First Circle Private Money
BP Community: I closed on my first deal about a month ago and it feels GOOD. I have the real estate bug bad now. I acquired my first property via online auction for 45% of ARV using a HomeStyle Loan. I'm in the middl...
Kim Lisa Taylor
Embezzlement Due to Financial Stress During Coronavirus
Don’t let your syndicate become a victim of embezzlement due to economic hardship during the coronavirus pandemic.You need pay careful attention to money in your syndicate and the people with access to it. When people...
Austin T Bradford
22yr old Newbie in Wichita, Ks
Hi, my name is Austin Bradford. I am 22 living in Wichita, Ks. I'm currently still going to school but I am looking to get involved in flipping real estate. I have been reading and listening to anything I think can be...
Bud Johnson
Hello from the Capitol city, Richmond Virginia . . .
I'm glad to have found this forum and look forward to learning a great deal, as well as possibly contributing to these helpful discussions.
As a principal, full-time real estate investor and owner of Alternative Fun...
Scott Gordon
Home Equity Loan vs. HELOC for first property
I am going to look at my first potential rental property on Tuesday and I am currently in the process of trying to think of the most appropriate way to finance my first deal - finance including down payment, renovatio...
Ty Cover
Getting started BRRR plan
Hello, I’m just getting started in real estate investing and I want to run my plan by you. I’ll find a hard money lender for an auction property, renovate, refinance and rent. Seems simple, but I know there are issues...
Travis Doyle
Torn over pooling money from friends and family
Hey guys!My current partner currently owns 90 units, all multi-fam. He is currently passing up deals because we no longer have any capital. We created a private placement fund and am about to starting asking friends a...
Kal Paneliya
Withdrawing money from SEP IRA to real estate investment
Hello BP Community!Can somebody please educate me on this topic below? Your help will be greatly appreciated.Can I withdraw money from my IRA account for a rental property? If so, what are the requirements for it? My ...
Benny Dong
Saving up cash for Real Estate vs Investing
Hey All!So I have a question that doesn't seem like has been brought up too many times here. This is mainly towards people invested in Real Estate, Stocks, and even Crypto! I'm very interested in Real Estate and looki...