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Updated about 9 years ago on . Most recent reply

User Stats

168
Posts
19
Votes
Jasmine Wilkes
  • Investor
  • grand prairie / st.louis, texas/ Missouri
19
Votes |
168
Posts

private money

Jasmine Wilkes
  • Investor
  • grand prairie / st.louis, texas/ Missouri
Posted

i have several deals I'm looking at, on and off market. what is a good way of getting private money? I really don't wanna use hml so I figure private money would be best. I'm thinking a 1 year balloon payment with a decent interest rate. what do you think?

Most Popular Reply

User Stats

2,283
Posts
1,102
Votes
Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
1,102
Votes |
2,283
Posts
Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
Replied

I think you should get some HML education from some of us that have much more "decent interest rates" than the vast majority of Private Lenders. Don't be scared of by the the word Hard. It only refers to the fact that our security for our money is a "hard asset."

  • Charlie Fitzgerald
  • Loading replies...