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User Stats

41
Posts
8
Votes
Scoop Schneider
  • Investor
  • pensacola fl
8
Votes |
41
Posts

finding private money

Scoop Schneider
  • Investor
  • pensacola fl
Posted

where would you find private money for investments like flips 

Looking for

User Stats

16,362
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13,868
Votes
Chris Seveney
Pro Member
#1 All Forums Contributor
  • Investor
  • Virginia
13,868
Votes |
16,362
Posts
Chris Seveney
Pro Member
#1 All Forums Contributor
  • Investor
  • Virginia
Replied

@Scoop Schneider

1. Friends and family

2. Hard money lenders

User Stats

3,488
Posts
1,074
Votes
Erik Estrada
Lender
  • Lender
1,074
Votes |
3,488
Posts
Erik Estrada
Lender
  • Lender
Replied
Quote from @Chris Seveney:

@Scoop Schneider

1. Friends and family

2. Hard money lenders

 Well said! 

@Scoop Schneider What exactly do you need to finance?

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User Stats

849
Posts
376
Votes
Mike Klarman
  • Specialist
  • New Jersey
376
Votes |
849
Posts
Mike Klarman
  • Specialist
  • New Jersey
Replied

If you'd like a free consultation on how Hard Money works and what to expect just DM me, I've closed 100s of HM loans and can give you a quick education.

User Stats

26
Posts
1
Votes
Tatyana Sherban
  • Lender
  • Westborough, MA
1
Votes |
26
Posts
Tatyana Sherban
  • Lender
  • Westborough, MA
Replied

@Scoop Schneider We've already funded some fix and flip deals. Send us a DM for a free consultation. 

privatelendingforinvestors.com

User Stats

849
Posts
376
Votes
Mike Klarman
  • Specialist
  • New Jersey
376
Votes |
849
Posts
Mike Klarman
  • Specialist
  • New Jersey
Replied

So real Private Money means it is someone you know through family, friends, business, or social circles.  You know this person has buco bucks and has flirted with the idea of backing a RE deal.  You work something out with this person, either a fixed rate of return for their money or a piece of the deal but you work out the loan.  That's real private money.

Then there are a small, small few out there that actually do lend their private capital to strangers, it's rare, usually need a referral or be in the market the lender is in.  This kind of Private Money has guidelines just like Hard Money, a process to go through, rates same or worse than Hard Money and origination same or worse.

Then there are brokers who use private money in their company name because it is such a buzz word for people not in the know of the truth between what real private money is and Hard Money.

User Stats

66
Posts
16
Votes
Deborah Wodell
  • Lender
  • Colorado Springs, CO
16
Votes |
66
Posts
Deborah Wodell
  • Lender
  • Colorado Springs, CO
Replied

If you're referring to real private money where funding comes from investors, you can usually find those in re meet ups or gatherings where you can build relationships and connections so that they'd trust to lend their money to you. For hard/private money companies, there are tons of good lenders, you'd just have to double check and verify if they are legit. If you need help in the 2nd one, feel free to send me a message. I'm a broker. 

User Stats

90
Posts
13
Votes
Charlice Arnold
  • Lender
  • Nationwide
13
Votes |
90
Posts
Charlice Arnold
  • Lender
  • Nationwide
Replied

@Scoop Schneider Let's connect, this is right up our ally. We also have a unique joint venture opportunity for 100% financing of fix and flip projects up to 70% ARV.

User Stats

61
Posts
15
Votes
Jeremiah Phipps
  • Lender
  • Sarver PA
15
Votes |
61
Posts
Jeremiah Phipps
  • Lender
  • Sarver PA
Replied

Hi my name is Jeremiah and im a private money llender.and I can help you 412-709-2506 if Interested 

User Stats

61
Posts
15
Votes
Jeremiah Phipps
  • Lender
  • Sarver PA
15
Votes |
61
Posts
Jeremiah Phipps
  • Lender
  • Sarver PA
Replied

Hi my name is Jeremiah 

User Stats

41
Posts
2
Votes
Patricia Anne Cawood
  • Dunlap, TN
2
Votes |
41
Posts
Replied

Hello Scoop, 

We do both private money and hard money. We are an asset-based lending company. If you haven't found your partner, I'd be happy to help! 

Thank you. 

User Stats

35
Posts
2
Votes
Kent Kettell
  • Catlett, VA
2
Votes |
35
Posts
Kent Kettell
  • Catlett, VA
Replied

You'll connect with private money lenders within your real estate network, as many of us work with real estate investors. To expand your network, consider joining groups on social media platforms. 

User Stats

37
Posts
4
Votes
Replied

Hi, do you have a deal that needs funding? I'd be happy to assist you with it. Let's connect!

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User Stats

41
Posts
2
Votes
Patricia Anne Cawood
  • Dunlap, TN
2
Votes |
41
Posts
Replied

Hello Scoop, I am private lender. Everything we do is asset-based. I'd be happy to help!

User Stats

60
Posts
7
Votes
Luis De la Puente
  • Lender
7
Votes |
60
Posts
Replied
Quote from @Scoop Schneider:

where would you find private money for investments like flips 




Hi Scoop, we're a nationwide private money lender and broker, and we'd love to help you finalize this deal. Let's connect so we can discuss how we can assist with your financing needs.

User Stats

11
Posts
2
Votes
Replied
Quote from @Scoop Schneider:

where would you find private money for investments like flips 


 Hi Scoop! How is it going? Are you still looking for Private Money Lender? I'm willing to connect and assist you! Let's chat :)

User Stats

34
Posts
25
Votes
Replied

Seems like posting on BP is a great way to find Hard and Private Money Lenders.   Social media is great too and any other networking group.  

User Stats

31
Posts
2
Votes
Keyona Taylor
  • Real Estate Broker
  • Wyoming
2
Votes |
31
Posts
Keyona Taylor
  • Real Estate Broker
  • Wyoming
Replied
Quote from @Scoop Schneider:

where would you find private money for investments like flips 

 Different online platforms but be careful cause there are lots of scammers though. You may also try to build relationships with private lenders first. Networking Events , crowdsourcing, hard  money lenders. If you're still in search, let's connect and I may be able to help. 

User Stats

56
Posts
2
Votes
Replied

Hey Scoop,

You can find private money for flips in a few places:

  • Local REI meetups: Investors are always hanging out at these, and some might be willing to fund your next deal.
  • Online forums: Places like BiggerPockets or Facebook real estate groups are good spots to find lenders.
  • Friends and family: Sometimes the best lenders are people you already know.
  • Hard money lenders: They’re usually pretty quick with cash and can work like private money.

If you need more tips, hit me up!

User Stats

17
Posts
1
Votes
Lisa Fortune
  • San Diego, Ca
1
Votes |
17
Posts
Lisa Fortune
  • San Diego, Ca
Replied

Hi Scoop! Would love to discuss this with you as we are an asset based PML and would love to help out! When is the best time to talk?

User Stats

22
Posts
0
Votes
Replied

Hey Scoop! Let me know if I can help you! I'm a private money lender myself. :) 

User Stats

60
Posts
7
Votes
Luis De la Puente
  • Lender
7
Votes |
60
Posts
Replied
Quote from @Scoop Schneider:

where would you find private money for investments like flips 

Hey Scoop,

I’m a nationwide private money lender and broker, and we specialize in getting deals across the finish line. Let’s connect so we can explore how our financing solutions can support you in locking this one down! Looking forward to working together.

User Stats

30
Posts
2
Votes
Replied

Hi Scoop! I'm a nationwide private money lender and broker ready to help you finance your deals. Let’s chat about how we can assist with your funding needs. Let me know when's the best time.

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User Stats

16
Posts
1
Votes
George Sayakhammy
  • Investor
  • Fresno, CA
1
Votes |
16
Posts
George Sayakhammy
  • Investor
  • Fresno, CA
Replied
Quote from @Lisa Fortune:

Hi Scoop! Would love to discuss this with you as we are an asset based PML and would love to help out! When is the best time to talk?

Lisa what is your contact info please? Thanks -