Yash Bhatt
Looking for a HELOC / 2nd mortgage on an investment property
Hi,We bought and rehabbed a home and it's been active as a short term rental for almost a year now in Sedona, AZ. We are looking to pull some cash out to recover our rehab costs and having a hard time finding a soluti...
Bryce Reeks
Insurance for private money lenders
How do you insure a private lenders investment?If I borrow money from someone who’s not a family member who doesn’t accept my word and a hand shake on a deal.... how do I guarantee their investment?
Nicole Johnson
Ground up Construction Funding 6 Lots
Hi! Any suggestions on the best way to structure this deal with the lowest out of pocket cost?
6 Shovel-Ready Lots in Texas within the same sudivision
Cost per each lot $140k
Build Cost per each Lot $500k
Total C...
Chad Jarrah
What should I expect from a Private Lending Offer?
Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
Evan Jarvis
Soliciting Private Money and the SEC
There are a few properties coming up for auction next month in my area that I'm interested in acquiring through an LLC. I'd like to raise some capital from private lenders in order to fund the deal.I've put together ...
Account Closed
Can I do this and how?
I want to get loans from people that I pay them yearly interest on. Can I advertise for this? I was thinking it would be kind of like a CD with a 6%+ intrest rate. I am looking at trying to grow my business faster nex...
Marcus B Hsu
Private Lending Rate
What is considered a fair rate of return for private lending? i'm planning to do a BRRRR and friends of mine are interested to invest with me, but trying to decide what is considered a reasonable rate of return.
Jassem A.
Finding private lender with house as collateral
How would one go about finding a private lender that is willing to accept equity in another property as collateral? Like an equity loan from a bank with comparable rates. I'm guessing a local private lender would ...
Peter Grosso
Hard Money Contracts
Hello All, If I have private lenders who have never done a hard money loan but is willing to loan me money what contract should I use? Promissory note?
Anietra Knox
Which should I do first?
I’m looking to get private money lending to purchase a property and I do have ones who may help but nothing is etched in stone yet. Should I secure a PML first before I try to get a property or should I go ahead and f...