How can i find Hard money lender? And why do they need play this role ?
Is there really any private lenders who lend money to new real estate investors?I contacted several companies, they are all hard money lenders even though they advertise themselves as private lenders.Marie
I am in the process of trying to get pre-approval to purchase a rental property. I do not currently own my own home so this is the first time I am going through the process. My question is should I try to get approved...
Hello, I am looking for some insight and help with this creative deal. I am very new to CF and have been working with this other investor who is very green on this as well. Here goes:
My deal is a triplex with a po...
Last week I was happy to receive an accepted offer on a triplex in the city I live/work.
Yet, this morning I received grim news that even my last option for financing - a local credit union - wouldn't be able to fin...
Looking to jump into my first REI deal, goal is to find a buy/hold property that will produce a good cash flow (eventually want to build a portfolio that will produce cash flow to replace my full-time job). I current...
Hello all,
I had a question about a strategy I see all over the internet where people raise money from a "Private lender" form the down payment on a property and then the rest they raise either from the bank or from...
What are good terms for a hard money loan that we need to use to purchase a property and will later refinance after seasoning?I have a guy who will do the purchase price for 20% down in a hold back account, 3 points a...
Hello all - I am sure i am not the first one to think about this, but is getting HELOC on rental properties not a thing anymore !!I have about 7 units (mix of commerical and residential) with good cash flow on all of ...
Hi everyone,
I'm looking to invest in short-term rentals in California but want to focus on markets that have a relatively smooth and less restrictive process for obtaining permits. I’m already aware of the popularit...