I believe they hire from independent private agency.

If you have any more specific questions about direct mail, shoot me a private message. 

My question is how do you use the money you borrow from a private lender.

Lately, however,  I've come across quite a few pieces of property that don't have legal egress and are completely bordered by parcels owned by other private owners. 

As a Real Estate Investor, your job is to make an appointment, and go through all of the sellers' choices after you walk through the house.If there is little equity/pretty house, you can rent it out, sell on sub2, wrap, lease option, etc.If there is mid equity/pretty house, you can list it, sub2 and a note, lease purchase, wrap, lease option assignment, sandwich lease, master lease, etc.If it is free and clear/pretty house, installment sale, list it, lease purchase, wrap, lease option assignment, sandwich lease, master lease, etc.If it is a "mild rehab", see about a JV with the seller, give the seller a note for equity no payments for 4 months, use private money for rehab, get on title with a sub2 or wrap, then sell it and pay off the seller and the private lender, earn 10% for a JV fee.See https://vimeo.com/131984718

Hi BP Family,I am looking to raise about $500k  in Private Money to fund my BRRR deals I would welcome some of your great ideas as to how I go about setting up a solid Business Plan to attract Private Lender.Thanks for your help.

The guys lending their own or brokering private money need to churn it, they make their money on the origination.  

Private money or partnership is always an option if you have that kind of spread and doesnt need any renovation. 

@Evan Bellingar I partnered with a private money lender.  

Currently own 1 duplex with plans to purchase my next property by the end of the year.Seeking private investors to help fund rentals and I pay a high rate of return.I look forward to connecting and working with many of you here on BP!!