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I'm borrowing money from a private money lender to close on a quadplex. He mentioned he will transfer the money to my account and not the title company. Is that okay? Also this is my first time with private lenders. W...
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Is private lending more cost effective and flexible than hard money lenders?
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Nothing, in my opinion. They are largely the same, equally give short-term loans to real estate investors at higher interest rates than banks and other institutional lenders.
There are several opinions concerning th...
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Nothing, in my opinion. They are largely the same, equally give short-term loans to real estate investors at higher interest rates than banks and other institutional lenders.
There are several opinions concerning the...
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Both my Private Lender and I need help with how to structure the repair costs at closing. I have used this Private Lender before but the loan did not cover the rehab costs for the previous deals, those costs were ...
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My partner and I are preparing to make a cash offer on a home funded by our own cash partnered with a private loan from family. We've drafted our promissory note, have the funds ready to move, but I'm not finding any ...
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Is there a place to find Private Investors as in one person? If so, where?Any of these real estate apps? In the past we dealt with one guy, we paid a little higher interest but the ease was great. Looking at 50% LTV c...
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Hi, everyone!I had a few questions about Private Lending and what it would take to be a Private Lender.1. Is it possible to be a Private Lender professionally?By "professionally" I mean using my private capital, seeki...