Hello!Backstory: As some of you know based on previous post of mine I've found my first "possible" real estate deal.  A co-worker of mine is selling her condo (which is not listed on the market) and is allowing me fir...

Because I am partnering with them instead of simply using them as a private lender, they are getting equity in the deal and splitting the profits with me rather than charging a premium on the interest payment.Im not really worried about the strategy, it is solid with low risk.

Meanwhile, we were paying a crazy high interest rate to our private investor who had funded the purchase of all the homes.

My Question is if i have a private investor loan me $70K for 5-7 years (his terms) at 12-15% (not compounded).

Private mortgage insurance i believe is not charged on va loans.  

Phone works.Did you get my private message?

I sent you a private message.

I've been investing in real estate but am new to private lending. 

A BP fan favorite and a great way to snowball overtime. 4️⃣ Invest in Syndications or Private Lending:If you’re not ready to own property yourself, you can passively invest in syndications or become a private lender on fix-and-flip projects.

Now, I’m diving into the niche of land investing.When I was pursuing the BRRRR strategy, one of the aspects that made scaling seem feasible was the availability of hard or private money lenders.