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  • lender fees and LLC questions

    Two specific questions: First- The 14% that a private or hard money lender charges me to borrow his money- how is that calculated? If he loans me 50,000 for 6 months would his rate be $7000? Or is it like banks where you bend over and they compound the interest daily blah, blah, blah? Second- I'm setting up an LLC for my business in ...
    Posted to Getting Started in the Rehab Business (Forum) by ljett on November 4, 2007
  • Looking for mentor in Hampton Roads area

    I am interested in flipping homes in the Tidewater area; however, I need some direction.  Is there anyone in the area that is interested in helping?  I am starving for more information about this.  My name is Latonya Hunter and I can be reached at tonyamle@hotmail.com.
    Posted to Getting Started in the Rehab Business (Forum) by tonyamle on October 8, 2007
  • Re: Just getting started

    Hey Eric, I want to thank you for the website. We are on it! Any suggestions on books about assigns and real estate clubs to look into?   Thanks, Kevin 
    Posted to Getting Started in the Rehab Business (Forum) by Kevin Harrison on June 25, 2007
  • Just getting started

    Hello everyone I have started an LLC to begin investing in real estate with my my wife. The areas are Baltimore MD and York PA. My question is how do we go about obtaining business lines of creidt to purchase deals? And, what would you recommend as laying the foundation for success? We are learning our markets, looking for mentors and investors ...
    Posted to Getting Started in the Rehab Business (Forum) by Kevin Harrison on June 24, 2007
  • New in the Buisness

    I'm trying to get out of my contractor buisness because of my health. I'm in the southern NH/Northern Ma area looking for advise on either rehabs or rentals. Would also been looking for investors to help with my first couple projects. I am even open to some mentor or partnership situation.My ultimate goal is continuous ROI. ...
    Posted to Getting Started in the Rehab Business (Forum) by RobSteel on May 30, 2007
  • Just Getting Started

    Hey everyone. I am looking for a hard money lender that loans on the ARV. Can anyone help? Are they really out there? I have had a few oppurtunities slip away cause as someone new to the business, I don't have a huge surplus of capital available yet. I was told that there are lenders that will loan 65% of the ARV, which would be great. 65% ...
    Posted to Getting Started in the Rehab Business (Forum) by Andrew on May 12, 2007
  • First partnership on rehab "Any Advice"

    My husband and I are partnering up with a friend on a rehab. He will provide the financing. My Husband and I will provide the first 5,000 torwards rehab materials and will be responsible for all labor. We have completely remodeled our current home, which had absolutely no value when purchasing the land. I also am a Realtor and ...
    Posted to Getting Started in the Rehab Business (Forum) by azorad on March 22, 2007
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