I have interviewed several hard money lenders, and as expected, none are willing to finance an entire deal (purchase + rehab). I am including the money costs in my calculations to fund a deal and remaining amount need...
I had an interesting conversation with a private lender the other day. She informed me that she hates owning property. She claims a file cabinet full of notes brings her more joy than a portfolio of investment propert...
I'm debating whether to purchase my mother's home through a private mortgage as a way to start house hacking but want to make sure I am able to build equity in a way that will allow me to use it to purchase a second p...
A guy from my REI group is looking to borrow some money for a few months to cover mortgage cost for a property that he flipped. I am thinking about reaching out to him and help him out and also build my network at th...
So far I've been a member of BP for about a good week. All this wisdom and wonderful knowledge that you guys are giving away is astonishing, and even from just reading some of the other members success story makes me ...
Is it advisable to loan money from a private lender for down payment for my first house?? thanks in anticipation of the several responses
Hi, i am a salaried employee, and I just rent 2 rooms in my homesteaded house in Florida just to help paying the loan. One room is vacant right now, and I was contacted by a business man from a non-american famous com...
I wanted to know if someone can direct me to the actual Arizona policy and regulations on being a private investor. If I understand correctly , I can lend up to 4 times without a license. Please advise! Thanks!
The Difference Between a Hard Money Mortgage Loan and a Private Mortgage LoanSometimes used interchangeably, these two terms are not synonymous. A Hard Money Loan refers to a TYPE of loan, while a Private Mortgage Lo...
My wife and I have been flipping houses going on two years now. We now have private parties wanting to invest in our business. We are doing multiple properties where we are needing additional funds in order to flip ...