Hi BP,
Is there really a such thing as a private lender? From what I understand, a private lender in a person or group who evaluates deals and lend their own money to a borrower. What I frequently observe are hard mo...
I have access to about 225k cash. I'm trying to figure out if buying another property and renting it is a better than being a private lender. My husband and I are very busy with our current day jobs, I own a busine...
So I have tried to read the Dodd Frank legislation, but I can't make heads or tails of it, but some time back, I'd heard that we couldn't advertise the way we used to for private lenders (Attn Investors Earn 8%-15% re...
The private mortgage (non-qm) industry is fairly new. Because of this, many investors don't know the benefits or the ins and outs of the industry.Feel free to ask about qualifications, terms, or anything else you migh...
I have a private lender lined up for a flip in Hagerstown, MD. Was going to do a Promissory Note secured by a mortgage. Since all of my investing has been outside the state of MD, I wanted to have a local attorney r...
Hello BP Fam,Yesterday I was personally delivering payments to my private lenders. I've always delivered payments to my local lenders in person partially because I'm crazy but I feel it's good business to thank invest...
Hey everyone,I was just curious if it would be weird for me to approach an investor that I know about being a potential private money lender for their flipping business. I went to high school with him and just recentl...
Hello everyone,
I'm the Co-Founder of an Airbnb management company in Puerto Rico with almost 100 properties, and I'm looking for advice on how to find a strategic investor. Specifically, I'm looking for someone who ...
Im sure everyone in this forum has seen or been contacted by "Private Lenders" on Facebook. I was recently offered this...Terms are flexibleJohnInterest Rate: 5.5% (Buy and Hold), 8.5% (Fix and Flip), Cashout/Refi (4....
How Tiered Returns Can Help Structure Private Lending Deals
Hey BP community,
I wanted to share some insights on structuring private lending deals, particularly when working with private investors to fund real estat...