I'm planning my first fix & flip and have a question on whether I should use conventional or hard money lending. I hope all the BP'ers can give me a little advice on my first fix and flip!
Basically, I'm in the p...
Hello everyone,My name is Ken and I have been working in real estate for over three decades. I own several portfolios across the Baltimore City and Washington, D.C. Metro markets. In addition to my investments, I mana...
Anyone have any knowledge on where to go as a fresh investor for funding ? Where can I find lenders that just base approval from the numbers in the deal, not off personal credit ?
I was wondering if anyone of you has done a regular flip and also a self directed IRA/Solo401K funded flip. Could you please share your experiences. How was it different for you, key challenges, lessons etc. I know a...
I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
My wife and I are opening a HELOC on our current residence to have as backup for a property we are about to acquire. We should have the cash for down payment and rehabs but just wanted the money available for any unfo...
I'm considering lending money to an investor in Indiana. He needs 85k to buy($70k) and rehab($15k) the property and his ARV is $115k. He's offering 10% apr and 2pts at closing. What sort of paperwork should I look fo...
Has anyone been involved with REITs? Is it a good route to go down?
Hi, I am curios to know on how to become a Hard money Leander, what are the requirements and process ?not sure, what other better options would be available for investment with not getting involved full time.
For those of you that have a Solo 401k with checkbook control, does your financial institution that holds the funds perform any reporting? For example, do they issue a 1099? My understanding is that the only rep...