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Hi everybody, here is my situation I want to purchase a fixer upper to hold and rent. I have money in an old 401 k that I could use for most of the purchase price and I also have a rental that is paid for. Do I get...
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What is a hard money lender and how do they differ from standard bank mortgages in terms of rate, costs, time etc?
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How much time are you given before being required to pay it back if you work with a money lender?
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Say for example i was going to borrow $3,000,000 to purchase an apartment complex. Would it be better to use a single investor or multiple to get the deal through ?
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What are common uses for using private money funds? Which one offer greater benefits to investors? Private money or transactional funding?
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Hi all,
I am a foreigner and wanted to get into us property market. I have been trying to find info about foreigners borrowing money to buy IP? however havent found no luck at the moment. does anyone know where or o...
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Hello Bigger Pocket community!I’m new to the site I’ve been trying to grow my investment property portfolio, and was wondering if anyone had some information on legally borrowing from friends and or family. I also own...
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Hello All,I am recently new at BP and would appreciate any advice on the structuring of a personal money loan. I have 5 single family homes that I rent and two of them I got at auction but used retirement money to pay...
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Since my parents have retired and the uncertainty of the stock market (where all their investments are at) I'm trying to help them by putting their liquidity to use. How do I go about borrowing money from them to put ...
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Hey guys just some quick questions.
I am looking to buy my first duplex which I will rent out one unit and live in the other. I will be going for an FHA loan 3.5% down.
#1 - What I'm wondering is if I were to borro...