Here's another tip for working with hard money lenders. Anticipate the need for some money at closing. Don’t expect to be able to wrap all of the closing costs and fees into the loan. Even with a good LTV ratio, the l...
Hey everyone,I am trying to work on “pitches” for some creative financing, specifically with approaching potential partners in real estate deals. I currently have one rental property and would like to scale but I’m li...
Hi all,As a remote investor I've decided I do not want to use property management companies. I would rather do one of two scenarios:1. I find the deal and bring half the down payment. A local partner brings the other ...
I'm a fairly new investor and my father is a bit of a seasoned real estate professional that remembers the days of lenders loaning money to anyone with a pulse (and even some without a pulse). He continues to tell ...
Hey BP, I have been reading through some of the forums and I see some mixed opinions on this subject, Here's the question: If you don't have enough money for a down payment and your credit isn't the best and you deice...
Hi, I am working(Not reality) full time , I want to invest in partnership with some investor(like full time investor).I can put some efforts like in the evening and weekendsJust wondering what is standard/Conventional...
has anyone ever raised their skin in the game for a deal? Would a hard money lender possibly entertain that? I can raise the money from potential LPs but I do not have the skin in the game that I would need at the m...
Hello,I have been watching Grant Cardone videos for a while and he keeps bringing up the topic of investing with no money down. He constantly emphasizes that its all about finding the right deal and that investors wil...
Hello everyone. I just spoke to a lender and long story short, he said I would need to bring about 20k of my money to the deal (on a minimum loan of 60k). He hinted that this was common with most hard money loans. ...
Is anyone charging a security deposit for guests? If so, how much and why? Is anyone charging a fee for pets? Or baking it into the nightly rate and/or cleaning fee?