Hello all.I am trying to embank on a joint venture rehab project and contacted a private money lender who want to charge me 1% interest for 6 months on $50,000 loan. 1% interest =$500*6=$3000 plus additional $5000 =$8000 for the 6 months duration with no extra charge at the end.

Mind sending me a private message with your criteria and capacity when you get a moment?

The Question: After you have your Private Placement Memorandum, how to you find and get accredited investors to invest with your fund ?

Im seeking either a private money lender or a company that will refinance the 6 units with a lower seasoning period.

.- You build your reputation- you can build a buyers list or a wholesalers list of sellers- you can find private lenders, so you won't need partners - you find mentors who are experienced- and you will find dealsHappy hunting!

New Real Estate Investor searching for knowledgeable partner so that I can provide capital and hustle while I begin my real estate journey. Find me at the local Dallas REIA events or contact me here on BiggerPockets i...

If you end up over budget do you have the means of making up the difference if you are using private/hard money?

To keep the condo I worked over 100 hours a week as a Paramedic in private EMS for four years with absolutely nothing to show for it financially.

After the couple moved in, a truck from a private water company arrived to fill their tank.

Hey Daniel, I have access to private money, but doing a deal in that time frame is going to be hard.You could try a no doc loan, they are great for business owners or people in your situation.