645: Seeing Greene: Will Borrowing Money from Family Ruin Your Real Estate Deal? 42:17

    <p><strong>Should you borrow money from your family?</strong> It could hurt your relationship if the deal goes wrong, but strengthen an existing partnership if everything goes right. Maybe a better question—<strong>how should you start </strong><a href="https://store.biggerpockets.com/products/raising-private-capital"><strong>raising private capital</strong></a> for your real estate deals? When it comes to the <a href="https://www.biggerpockets.com/blog/should-you-use-debt-or-equity-on-a-private-money-deal"><strong>debt vs. equity</strong></a> debate, which makes more sense in your situation? Don’t worry, we’re bringing answers to all these questions and more!</p><p>Welcome back to another episode of <strong>Seeing Greene</strong>, where your host David Greene answers questions from both aspiring and established real estate investors. We’re also joined by <strong>Alex Breshears</strong> and <strong>Beth Johnson, </strong>two expert private money lenders and authors of the newest BiggerPockets book, <a href="https://store.biggerpockets.com/products/lend-to-live"><strong><em>Lend to Live</em></strong></a>. They help tag-team some private money-specific questions as well as give context on <strong>who you should and shouldn’t accept funding from</strong>.</p><p>Want to ask David a question? If so<strong>, </strong><a href="http://biggerpockets.com/david"><strong>submit your question here</strong></a> so David can answer it on the next episode of Seeing Greene. Hop on the <strong>BiggerPockets forums </strong>and ask other investors their take, or <a href="https://www.instagram.com/davidgreene24/?hl=en"><strong>follow David on Instagram</strong></a> to see when he’s going live so you can hop on a live Q&amp;A and get your question answered on the spot!</p><p><strong>In This Episode We Cover:</strong></p><p>How to use<strong> real estate depreciation</strong> to <strong>offset income</strong> from a W2</p><p><strong>Sell, refi, rent, or hold</strong>—which is the best move as the market gets shaky?</p><p>Whether <strong>building a purely passive real estate portfolio</strong> is possible or improbable</p><p><strong>How to pay back private money</strong> and whether taking debt vs. equity partners is the best move</p><p><strong>Borrowing money from family </strong>and how it could hurt your real estate deals and relationships</p><p>Why <strong>understanding a lender’s pain points</strong> is mandatory before accepting money from them</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://www.biggerpockets.com/bpcon2022?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get Your Ticket for BPCon 2022</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a></p><p><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a></p><p><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">David's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.biggerpockets.com/users/robuilt?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Rob's BiggerPockets Profile</a></p><p><a href="https://www.youtube.com/c/Robuilt">Rob's Youtube</a></p><p><a href="https://www.instagram.com/robuilt/">Rob's Instagram</a></p><p><a href="https://www.tiktok.com/@robuilto">Rob's TikTok</a></p><p><a href="https://mobile.twitter.com/robuiltchannel">Rob's Twitter</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-636?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Podcast 636 with Amy Mahjoory (Part 1)</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-637?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Podcast 637 with Amy Mahjoory (Part 2)</a></p><p><a href="https://www.biggerpockets.com/blog/rookie-200">Scott Trench’s 10-Step Checklist to Buy Your First Rental Property</a></p><p><strong>Books Mentioned in the Show</strong></p><p><a href="https://store.biggerpockets.com/products/lend-to-live?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none"><em>Lend to Live</em></a> by Beth Johnson and Alex Breshears</p><p><a href="https://amzn.to/3zZYHcC"><em>The Win-Win Wealth Strategy</em></a> by Tom Wheelwright</p><p><a href="https://store.biggerpockets.com/products/set-for-life"><em>Set for Life</em></a> by Scott Trench</p><p><strong>Connect with Beth &amp; Alex:</strong></p><p><a href="mailto:[email protected]">Alex and Beth Email on Lend2Live</a></p><p><a href="mailto:[email protected]">Beth's Email on Flynn Family Lending</a></p><p><a href="https://www.biggerpockets.com/users/alexatlend2live?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Alex' BiggerPockets Profile</a></p><p><a href="https://www.biggerpockets.com/users/bethjohnson2021?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Beth's BiggerPockets Profile</a></p><p><a href="https://www.lend2live.com/">Lend2Live</a></p><p><a href="https://flynnfamilylending.com/">Flynn Family Lending</a></p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-645</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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