Cash invested: $65,000 Sale price: $97,000This property was a very early lesson learned in private mortgage financings for me.

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.

Yup and its a joke when you have these proclamations from those running for pres that they are going to magically accelerate construction.. they can do it if they want to pay 100% of it.. but if they expect the private sector that has to work through local zoning etc.. that aint happening and you cant force people to sell the land cheaper than they think its worth or can get on the open market just because we need starter housing.

Also  American association of private lenders is one trade group,Thanks for the response, Chris.

I know they’re an essential tool for analyzing a property’s financial performance, but I want to ensure I’m approaching them correctly.Could anyone share examples of what a good T-12 looks like or highlight key items I should make sure are always included?

This is true for all private money lending situations..

Best,WilliamThis introduction highlights your enthusiasm, transparency about your experience level, and desire to connect with others while establishing your goals.

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.  

We had a checkout clean report showing 1h 12m before she checked in the kitchen flood being spotless, highlighting the area of the floor her pics had poop in.