Private money How did you add value to the deal?

Private money How did you add value to the deal?

Whether you should use a hard money, broker or private money would depend on your goals & priority (speed, communication, pricing, etc) so highly recommend considering a variety of options!

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

Private Money How did you add value to the deal?

I had an 8 hour surgery that day and my husband and I (mainly him) worked on uploading our custom lease after the surgery and we were going to send it to her that evening.

The closing cost and associated fees often add up in these transactions.In the examples that I saw … Essentially there may be a mix of private/creative/bank money to get the asset initially.

Our private covered dock and lake toys are a bug draw for us in the summer months.Multiple people have said they love the pool table.In our bigger cabin people like the large game room, movie room, custom covered firepit and hot tub.

We started with $1MM of our own capital, and have since grown to about $25MM through raising private money and utilizing bank lines of credit.

That being said, I read some (old) reviews that said payments had been hung up (withdrawn from the tenant but not deposited into the landlords bank account longer than 10 days) and customer support was ZERO and their 'ticket' program kept automatically closing out the ticket request without resolution.