Help! My cousin’s best friend needs $20k as gap funding!
Monday, August 08
As a private lender, I get this scenario presented to me almost daily. I’ll set the stage for you. Someone in your network wants to buy investment property, maybe a single-family rental or fix and flip. Their loan provider is requiring them to bring a down payment ...
Property Valuation Options for Private Lenders
Wednesday, July 27
New private lenders often ask me how I review properties that I will be potentially lending on and using as collateral to secure the loan. Most assume the only options are to use free online tools or pay for a professional third-party appraisal. But many individuals who want to lend out their cap...
To Collect or Not to Collect: The Great Payment Debate
Sunday, July 24
Flexibility and the lack of rigid standardization is considered an attractive benefit of private lending as an investment tool. The ability to choose your loan opportunity and design rates and terms around your own personal risk and investment needs, within legal and ethical resp...