@Desiny Smith Queens NY.Send me a private message.

Hello guys, I work for a direct lender, private/hard money.

Have you found that private money lending allows you to structure deals in ways traditional lenders won’t?

Also if you have leaks in one unit and not the other then the other tenants are paying for that.There are services that put a private meter on each unit so the tenants are billed on what each consumes  versus averaging out.

I run a real estate data venture that pulls from various private and public sources and curates these reports, so it's not a simple answer.Social Sentiment: Search demand and what people are saying online.Neighborhood Class: Cleanliness, crime, graffiti, and overall health.Demographics: Identify market segments & trends.GDP & Economic Growth: County-level GDP changes to assess economic vitality.Poverty Metrics: Analyze economic challenges.Construction Activity: Easily predict market supply.Occupational Diversity: Forecast housing & commercial needs.Education Insights: Understand community stability.Real Estate Trends: Identify property value & rental cycles.Houston was just a place where I felt like sharing some knowledge.

This can lead to missed opportunities, especially when speed and flexibility are crucial.Personally, I’ve seen investors switch to creative or alternative financing options, like hard money loans, private lending, or even seller financing, to avoid some of these pitfalls.

2.Private Money Lender – I’ve heard they can be more flexible and might focus on the property value more than my employment status, but I know the interest rates are higher than conventional loans.

@Teahjsia FrazierTo build a portfolio and replace monthly income, consider strategies like leveraging your current home with a Home Equity Line of Credit (HELOC), using FHA loans for low down payment, renting out your current home, using creative financing options like seller financing, private money lenders, or partnerships, building cash flow with smaller deals first, using the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat), minimizing expenses and maximizing savings, and continuously educating yourself through books, podcasts, and networking groups.

It can be a flexible way to fill the gap.Private Investors or Partnerships: Bringing in a private investor or forming a partnership could provide the necessary funds.

When do you prefer using private money over traditional bank loans for real estate?