You could become the biggest private investment bank in the world.

Investment Info:Single-family residence private money loan investment. 2 Bedroom, 1 Bath Single Family Home near UT Hospital How did you find this deal and how did you negotiate it?

Start growing your network, look on Facebook/BiggerPockets for different events, find a mentor doing what you want to do, and get to know the local lenders/brokers.

I am concerned about not having a team ready ahead of time since I am not handy (contractors, lenders, etc.).

It's best to review with a good RE attorney, potentially a business attorney, and your tax professional to make sure you're set up to avoid mistakes along the way.Also, discuss the ramifications of how it works with your lender (if there will be one) as not all lenders and loan programs are created equal when dealing with LLC's.

Hi I'm new to real estate and I just learned about private investing.

There are loans available for real estate investments, such as traditional bank loans, hard money loans, or private lenders.

Before you answer, think about this: not once a year, but on every single deal, you are paying thousands, sometime tens of thousands, dollars to your wholesaler, your lender, and your Realtor, to name a few people involved in your business.

I think this is totally doable, assuming I'm smart with lenders and analyzing deals.

I was told by the Trustee, I could finance the condo instead of buying it with all cash.However, since this is auction property and doesn't allow someone to do inspection from inside most of the lender are suggesting that get a hard money loan instead of conventional investment loan.hard money loans are expensive (12% to 13% + origination fees).Does anyone has done this before with conventional investment loan where you don't do the inside appraisal.or any recommendations for lender who can help achieve this?