Hello,I am looking for examples of the terms and conditions people have used in a contract for a private money lender.
I bought my first rental property last May. Im renting it out through a management company, im not making money on it but it comes somewhat close to paying for itself. Ive made some extra payments on it and the origin...
I was thinking of purchasing properties cash, at 25-30% of their appraised value and then taking out a mortgage (or what I guess would be considered a home equity loan) on them after the closing. This would allow me t...
When using a self directed IRA and one only has a portion of the RE purchase price and needs additional financing non recourse loan is required. Looking at hard money lenders it appears they are primarily only for fli...
How long should it take for a hard money lender to get their inspection done and to release funds for a draw?
Anyone know what rate and term look like on these? From what I understand, based on if the property cashflows is major qualification with minimal documentation. Reason looking is I am maxed out on loans and looking f...
Hi, I was looking for maybe a hard money loan but being a beginner it’s a bit difficult. I been reading up a lender called Groundfloor and i wanted to know if anybody had any reviews regarding them. Are they good for ...
Hello everyone,My partner and I would like to start rehabbing properties. We have the construction background and the capital from private individuals. My question is about establishing the company.. LLC or S-Corp? Ho...
Hello, I'm new to BP. I'm a college student and I work full time. I know that what I want to do is invest in houses however I don't have the start up money. What are the possible ways to get started?
I’m in a situation where I can either refinance my first and only duplex (owned free and clear) to get the funds for a down payment on another rental property, or take on a partner who can provide the funds in exchang...