Collection agencies cannot report to credit bureau if the  landlord is a private landlord.

@Dan GroveAs a private money lender I agree with Nicholas' sentiment.

This is a screenshot from a private Facebook group for tax professionals.

Private Money Loan: Private lenders might be a flexible option, especially if traditional routes don’t work.

I think the main thing I am learning here is to adjust the profit share between myself and my private money partners.

If you have access to private equity then sure, but if you want to buy properties yourself then at best you are looking at 1-2 per year if you have really good income. 3.

Since few lenders have the stomach to do this, it’s also been a great competitive advantage for our business.This horrifies almost every private lender I know.

.## Financing OptionsFor Hard Money and Private Lender financing, it's crucial to build relationships with local lenders.

What I was referring to was that I know two private lenders who have the borrower complete the Deed in Lieu documents at the Closing of the initial loan and then hold them in escrow during the life of the loan.

Private Lender Partnership: Partner with a private lender or investor willing to take a second lien position to get you to 85-90% cash out.