Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Private Money Advice
I'm new to real estate investing and was fortunate enough to attend a Private Money Lending Workshop at the local real estate investors group this morning. I've never used private money before and was curious as to how you all go about it. Our speaker this morning talked about offering 6 to 8% percent annual return on any money borrowed, are those good numbers? I want to build relationships with private lenders and make them want to give me money because I've brought them such good returns and they trust me. Any advice would be appreciated, Thanks!