All Forum Posts by: Manuel Angeles

@Chavis Atkins

Finding Private Lenders is easy when you have a Transaction with high profit margins and you have High Experience with a Track Record to Show. You can make an agreement saying that the Private Lender will put up the Capital, while you render service and carry out the rehab. Once the property is fixed up and sold, You and The Private Lender will Split Profits 50/50, or whatever the agreed upon split would be.

Usual Private Lenders are friends and family and High Net Worth Professionals (doctors, lawyers, other real estate investors)

@Kevin Felmlee @Simon Aristizabal

As a Private Lender, you can have Title be held in your or your Company's name...

And you can have the Borrower pay you interest during the Project, as their "Skin in the Game."

Once the Property is fixed up and sold on the market, You and the Borrower can Split Net Profits 50/50, or whatever the determined net profit split would be.

As a Private Lender, you can have Title be held in your or your Company's name... 

And you can have the Borrower pay you interest during the Project, as their "Skin in the Game."

Once the Property is fixed up and sold on the market, You and the Borrower can Split Net Profits 50/50, or whatever the determined net profit split would be.

@Scott Elkovitch

Finding Private Lenders is easy when you have a Transaction with high profit margins and you have High Experience with a Track Record to Show. You can make an agreement saying that the Private Lender will put up the Capital, while you render service and carry out the rehab. Once the property is fixed up and sold, You and The Private Lender will Split Profits 50/50, or whatever the agreed upon split would be.

Usual Private Lenders are friends and family and High Net Worth Professionals (doctors, lawyers, other real estate investors)

Great Question -

Your Local Real Estate Investment Club is the best way to network and find Private Lenders and Capital Partners.

www. real connex .com
www. connected investors .com 

As a Private Lender, you can joint venture with Rehabbers on their projects.. and you can charge them interest during the project, and also Split Net Profits with the Rehabber once the property sells on the market.

Finding Private Lenders is easy when you have a good deal and have experience to show. You can Joint Venture with a Private Lender, have them put up the money for the acquisition and the rehab construction expenses. You put up all the work, then split the Net Profits 50/50.

Many Investors do this in conjunction with a Hard Money Lender who will lending about 80% of the Costs.. then Your Private Lender would just have to come up with the 20% of costs as down payment. 

Good Evening Bigger Pockets Family,

Property Radar allows you to see the estimated loan balance and value of properties
Unfortunately, it only works for the following states:

• California
• Oregon
• Washington
• Nevada,
• Arizona

I'm looking to get info on properties outside of those states.
We do have access to REISOURCE.COM and TITLEPRO247, and other Title programs,
But they only show the initial Trust Deed amount, 
and don't take into consideration how much of the balance has already been paid of.

Does anyone use another software that will enable me to determine estimated loan balances for properties nationwide?

@Matt Dorsten The main factor in our JVs is the experience of the Rehabber and the deal spread. They are expected to make interest-only payments for the duration of the project

@Mark Higgins We usually have a 3rd trust deed that we put on the property that signifies "Shared Appreciation Mortgage," usually the 50/50 of net profit, or 6% of gross sales price. Message me I can send you more info on how we structure our deals,

Thanks!