I’m new to BiggerPockets and I’m a private money lender.

I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.

If you rent that out without a true Certificate of Occupancy, a tenant can sue you for ALL of their rent money back. 

Remaining money (less title fees) in escrow is returned to wholesaler (less PML funds and fee if used) with the remaining from the Step B contract.

Quote from @Scott Tennell: For real estate investors who have worked with private money lenders, what strategies have you found most effective in structuring deals to ensure both parties are protected and the funding process runs smoothly? 

Hello everyone, I have recently gone under contract on a property and was able to agree to a private loan with a family member to purchase and renovate. It is currently a verbal agreement and I would like to have it s...

Now, I’m diving into the niche of land investing.When I was pursuing the BRRRR strategy, one of the aspects that made scaling seem feasible was the availability of hard or private money lenders.

I am having trouble following you can always send the money to an insurance company. 

When you bring in intentionally say 20 million illegal immigrants you lower the wages on lower income people both by their wages and increasing their cost of living thru more competition for resources.  

@James Wise it was always illegal, it's the DAs refusal to prosecute and the LE refusal to enforce is what brough this retail apocalypse on CA cities...