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I've borrowed over 10 Million dollars from Private Lenders over the past 14 years of investing in real estate. Private Lenders and Hardmoney Lenders are like night and day. A private lender does not need to initial kn...
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Last night I attended my local REI meeting and the topic was about private lending. This seminar was so helpful and got my wheels turning about prospective family and close family friends who could potentially be a pr...
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So I was told the best way to borrow money is from a private lender. That person told me that if I was flipping homes to pay back the private lender in a lump sum after selling it. I was wondering what everyone elses ...
I am super interested in the BRRRR strategy and just want some clarification on how to use a private lender. I would want to use a private lender to put 20% down on the house and 12 months later refi and pay the lende...
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What are the key differences in approval times and application processes between private money lending and traditional bank loans?
I have an offer on the table for a private money loan of $310k to finance the purchase of two properties. The lender wants half of the fees up front ($6k) as a wire transfer. Is that normal? I've never done private mo...
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I just finished up on a rehab and I want to take the equity out of the property to buy another investment property that I found through my monthly mailer. Can anyone suggest a bank or company in Philadelphia that is r...
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I am looking to become a real estate investor I am inexperience but knowledgeable to an extent. I was instructed to go online to locate and articulate to private money lenders in writing a lucrative business deal as ...
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I’ve identified a few properties that would be great potential flips. I have the team and manpower to get the job done. Now, I’m in search of a private money lender to help fund the deal.I’ve been getting emails from ...
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Hey there, I’m working on getting my first deal going and will be going the private money (uncle) route for buy and rehab. Purchase price 95k and 20k in rehab.
But I'm curious to know:
1) When purchasing will the pr...