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Updated almost 6 years ago,
Trying to understand private/hard money lending terms
Good day all. I am trying to understand how a deal could look in terms of private/hard money lending. I understand the sources but I do not understand how an example deals' structure could look for a buy and hold investment. I understand conventional loans and such, just having trouble understanding terms with private money.
I tried researching the topic but only found what private lending is and the sources. I am looking to try to understand what an actual deal could look like.
Can one of you give me a very basic example or a previous deal you may have made so I can get out of this researchers block I have going on?
I don't know if I am asking the right question with this so some guidance would be much appreciated.
I am asking this to add knowledge to my toolbox because this is one knowledge area I am completely lost at.