In this case it isn't actually private lending, it's private investing, and your investor gets some % of the monthly cash flow.

During this initial learning period of 8 years after 1973, as I accumulated more knowledge and skills, besides “hands-on” experience I also worked sales, cost estimating and as an assistant superintendent overseeing multiple jobs.After graduating from Michigan Technical Institute with a diploma as a legal secretary (although I intend to become a medical transcriptionist and medical records specialist).

@Paolo Ruggieri - If you buy all cash for $140k with a contract that says you get a $40k seller credit, and actually get that credit......I'm not sure that I as the future conventional mortgage lender lending to your tenants/buyers would have any way to know that you really paid $100k for it.

Also, on one of the forum posts I read it said that conventional lending may not lend on a SFR with a 2nd kitchen for insurance reasons.

If my deal/need for the financing is what it should be, then all of the rest of the dialogue is moot.Do you find it much harder to find worthwhile deals for long term buy and hold for cash flow especially with private lending?

"we lend based on the property, 67%, 4 points, 6-12 months, 14%"...

Would I be able to get a hard money loan or better off in private lending from an investor?

I am considering lending them this amount but would like to secure the loan with collateral. 1.

Hi My name is Tamia Mack. I'm very interested in leaving my current job to enter into the Real Estate field. The only experience I have is purchasing my home and taking the first half of the Realtor's Class in College...

Most people would be far better off getting the cheapest term insurance to protect their families and invest the difference into assets they can control and understand the best such as real estate or private lending. 2.