Marcelo A.
Private money form/sample
Hello Family, where can i get a sample of a form that i can use between a private money lender and a borrower for a flip, thanks guys
Jesse R.
Private Money Lender Pitch
Can anyone share with me their elevator pitch for a private money lender. I’m trying to get ideas of what to say in order to secure funding with a private money lender.
Karen O.
Costs of Private Lending
If/when getting into the private lending business, presumably one will strive for a 1st lien position and will have an attorney or title company complete and record promissory notes and such to protect one's investmen...
Darrius Singleton
Private money lending question
Can someone help? I am a new investor in Houston and I am needing 10k in funds in and account. I will not use the money I just need it sit in the acct for 3 months and give it return it. I want to look into a interes...
Daniel Seibert
Best Private Lender Strategy?
Greetings!I am about to close on my 4th property, I have 3 rentals and an owner occupied that I intend to rent out in a year or two. I am looking to get to get to 20+ doors quickly (1-4 unit properties). I have a fam...
Account Closed
Poll: Private money docs
Hi everyone, I am looking to structure a flip with two private money lenders. They will receive 50% of the profits from the flip. I have heard of a few ways to do it...1. Set up an LLC and issue a mortgage and unsecu...
Tracy D. Garrett-Numa
Private Money Lender Contract
I am working on becoming a private money lender (starting small). I would like to get some tips on what things I need to ask for from the borrower to reduce my risk.
Thanks in advance for any experience and advice ...
Phil Christie
Private lender terms advice
BP community,I have a friend who is interested in providing his capital for me to acquire multi-unit rental properties. This friend is in a high tax bracket and as a result is not interested in the cash flow or even ...
James Johnson
Private Lending Ownership Structuring
Hi all,As to abide by all BP rules, I want to emphasize this is not solicitation, but instead simply looking for information.My business partner and I are looking into somewhat of a set of BRRRRs on a 4-8 top and have...
Taft Love
Long-term private money?
After spending a couple of weeks meeting with lenders, investors, and wholesalers, I've seen some patterns start to emerge. One of them is that many investors are stuck using hard money. This is fine if the deal penci...