What exactly is Private Money?

[Cameron Rieman]

I'm looking to better understand private money, I have worked with hard money before but does it differ from hard money? If so, what are the differences? What are the pros and cons of each? How would one structure a deal using something like private money?

[Jay Hinrichs]

many HML will call themselves private money lenders to give the illusion of cheaper rates and easier terms.

Private money is just that individuals with funds to invest that are Private they dont hold themselves out as in the business of lending.

normally this would be friends family or other high net individuals you may already know who want to do deals with you.

Structure is the same for both generally speaking.

rates can be better or worse just depends on what you negotiate.