To be a reliable and successful Private Money Lender, focus on building strong relationships with borrowers and real estate professionals, thoroughly assess each investment opportunity by conducting due diligence on the property and the borrower's financial background, and establish clear lending criteria to mitigate risk.

I'm currently looking to acquire more deals and would appreciate any tips on finding legitimate private lenders.

I've known him for several years since we're in a private mastermind together.

Steve: If you are going to bid on an Ohio Common Pleas Court  foreclosure, the process is pretty safe because the foreclosing lender has to include a "PJR" which is actually a "Preliminary Judicial Report" which is a title report and include a commitment for title insurance should the bidder be successful and the property to be conveyed.This differs from a liquidation auction by a lender, private auctioneer, receiver (other than an actual foreclosure case) where you might be successful but the property has pre existing liens that don't get swept away by the foreclosure case.For your first one of these, get a lawyer to advise you.

12% APY for our Private Lender on this deal.100% passively.We borrowed the funds, we fixed the propertyWe sell it when it's beautified. 

Private investment in these projects seems like a challenge as I can't see how they'd get paid back on their principal. 

I've been in the hard/private money space working as an originator for coming up on 6 years now. 

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it.

Rents After Moving Out: $3,300I was able to secure a private loan for part of my down payment, as well as have my parents co-sign on the loan (I am extremely fortunate and grateful). 

Size and private bathroom can change that variable.