Taylor Jernigan
Best place to find actual private money lenders and not brokers?
7 January 2025 | 2 replies
Hi Taylor-You are looking to connect with private individuals who lend money on real estate deals and not looking to work with a broker but private individual lenders.You asked where to post your deals to attract these private individual lenders.Three thoughts on that:1.
Kamarye Hodges
Private Money Broker
9 January 2025 | 1 reply
Hello, my name is Kamarye Hodges and I am a broker, I wish to gain insight and experience. Hopefully I could even provide some sort of value to this group and most definitely do business with some of you. I like to bu...
Jason Gray
exploring Private Money Vs Hard money on a new build for a piece of land near Yosemit
31 December 2024 | 4 replies
The question I'm up against is what private money is going for these days for a build with this much room for upside.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
They saved up money.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Engaging does not make you money.
Deborah Wodell
Private Money Lenders Using Their Own Funds?
30 December 2024 | 14 replies
Quote from @Deborah Wodell: I’m looking to connect with private money lenders or investors who lend their own funds for real estate deals.
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
Darien Hernandez
Looking for private money to fund a note
18 January 2025 | 0 replies
Looking to connect with an investor or a company to fund a note owner finance. I am a real estate agent and I have a client who proposes these terms. Purchase price: $108,000Down Payment: $25,000Interest rate 11%Ballo...
Sam Brock
Best Way to Pull Money From These Properties
26 December 2024 | 2 replies
Once completed, the goal is to get them rented and then pull money out of each house to build a high performance spec.
Caleb Johnson
Hard Money Lending Questions
20 December 2024 | 14 replies
Those are usually not local hard money lenders.