I am looking into becoming a private money lender for a real estate investment company who secures their loans by placing the lender as the 1st lean position and uses a "Reverse Quit Claim Deed" to avoid the necessity of foreclosure proceedings.

I'm on chapter 3 "What is private lending".

So far I’ve never had feedback, though, that came in saying “Hey, I wish those old style ceiling fans were still in the ceilings downstairs.”

If all the banks say no, there are other options: hard money, private money, creative financing, owner finance, Etc.

The most common portfolio style loan in Texas is a 20 year adjustable rate loan.

Sometimes, who cares, I just let it go.Kind of like those slimy private lender's that in addition to points charge underwriting fee, doc prep fee, origination fee, loan discount fee, appraisal fee, credit report fee, lender's inspection fee, tax service fee, processing fee, wire transfer fee and 'other'.

Hello all, I've raised enough private money to buy properties with the goal of rehabbing and reselling.

I did a bit of research on that also, but it seems most of what I found is for things that are going to some kind of cause, charity , or technology: all of which I am neither.Or, would it be best for me to find a private lender who could give me a loan to purchase the building and the loan for the actual business while using the building as collateral?

Land use (mixed commercial/residential) - ARV. 125k to 132k - home built 1910 (2 story bungalo style, split level) Can someone explain to me a transactional funding?

You may find that after submitting several offers thru different realtors that you prefer ones style and personality over the others and decide you want to work exclusively with that one.