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11 February 2025 | 5 replies
Sounds like this is a private money lender or a hard money lender.If you are getting funds from another source and relying on that to close, you should not put in the purchase agreement that you are buying with cash.
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8 February 2025 | 12 replies
Hello Lenders,I am a private money lender.My question is---When does the seasoning period start?
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8 February 2025 | 3 replies
Following this discovery, he promptly contacted his attorney to dissolve the LLC.Additional Questionable Entities:Dogwood Capital InvestmentsM&M Capital Finance LLCKey Takeaways:Conduct Thorough Research: Always verify a company's registration with state and local authorities.Scrutinize Documentation: Examine identification and corporate documents closely for inconsistencies.Verify Contact Information: Ensure that all provided phone numbers and addresses are legitimate and connected to the entity.Be Cautious with Payment: Avoid wiring funds without extensive verification of the recipient's identity and legitimacy.While the majority of direct and private lenders operate ethically, even a single fraudulent interaction can damage your reputation and finances.
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15 February 2025 | 17 replies
I am working with a private investor to solidify a private loan.Thanks!
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2 February 2025 | 4 replies
Quote from @David Sotomayor: Im getting into fix and flip real estate and working with a private lender who requires a higher credit score than mine to qualify.
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11 February 2025 | 2 replies
For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.
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4 February 2025 | 2 replies
I have the private money lined up for the 25% down payment.
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6 February 2025 | 3 replies
What is the current interest rate on a private money loan approximately $300Kthanks
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15 January 2025 | 15 replies
This is an example of private lending which is different than the IRA owning real estate and does not trigger UDFI/UBIT tax.
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12 February 2025 | 1 reply
I’m an ex realtor who also has some experience working for a private equity group for a short time before I got a really good gig in a completely unrelated industry that will allow me to have options when investing.