Michael Morris
Wholesale in a highly distressed area
I have recently started Wholesaling. I got an inquiry from a bandit sign. I looked at the house . It is in bad need of repair. My best estimate is 70,000 using the housewyze app online. the sales price of the house...
Somah Persaud
About to lose my job. Any recommendations on getting into RE?
New Member here, I’ve been in the same company for 10 yrs. building it from the ground up. I’m about to lose my job now and I’m also doing my first flip which is a nightmare. Any suggestions on how I can break into RE...
Matt Schultz
Understanding hard money
New to investing. We have 1 property rented out, and am looking at another. The property we are looking at is in need of work, but can get it for 1/3 of market value. And about another 1/3 of market value to fix up. T...
Robert Osorio
Understanding Hard Money
Greetings,I am new to real estate investing (fix and flip) and not 100 percent sure I'm going to actually jump in because of funding. However, I need to make a change in careers and real estate seems to be the way to ...
Michael Sanchez
Understanding Hard Money
Hi, I am trying to understand Hard Money investing. I have done flips before but used my own money (precrash). So my question is how does hard money work? It seems a little to easy and too good to be true, but I belie...
Andrew Galeano
Understanding Private money
Hey I was wondering what would be the best way to network with some private Lenders. I have been Pre Approved for a mortgage amount of $450,000. I have come across a few rehab deals but with the purchase and rehab wou...
Matt DuSold
Understanding Hard Money...
So I am trying to make sure I understand hard money correctly because as a newbie if I buy right this could be of use... I think... So here is my thinking please tell me where I am wrong.
If I were to find a HML I co...
Alec Newman
Understanding equity money partnerships
Hello BP! I've come to the forums as it has proven to be such a valuable resource to throw out ideas, questions, or seeking opinions on anything I've ever been curious of regarding REI.I'll get to my question shortly,...
Account Closed
Understanding Private Money Loans
Hey BP,My wife and I are self-employed and have a nice savings but because of our taxes (we expense A LOT of things) we're having trouble with conventional loans so we started looking at Private Money Lenders. We're l...
Barry Hinds
Help understanding hard money
I’ve heard that hard money lenders won’t loan on 100% of the purchase price. But I’ve also seen some posts and have heard on podcasts where the borrower was able to purchase properties using hard money without using ...