I am just looking for some clarification on a few things. I live in Colorado and have several LLCs formed in Wyoming for other businesses I have; it's very simple, safe, and cost effective to use LLCs and registered a...
I've been investing in real estate (rental) for a while now and have recently looked into using private money lenders. I was about to put an offer in on a house when my investor called me and told me that he was unab...
I heard that there is no license needed to broker private/ hard money loans, Is there any truth to this? I know that you don't need one in the commercial sector. Is there one needed in the residential hard mney sec...
Looking to start investing, any advice on a Private Mone Investor?
I have good credit, a great income from a 20+ year old business. I am buying property in 3 sections (3 different family members) from an estate.
I have 2 of the deals done but need about $150,000 for the final 3-4 a...
What is the best way to become a private money lender?
My business operates in San Francisco, and office rents are far in excess of what we can afford.We recently stumbled upon Workshop Cafe (https://www.workshopcafe.com/) where my team and I currently work.The business f...
Situation: 3 years ago, when we did our first fix n flip my partners and I supplied the down payment and seeing that we still had our corporate jobs we used bank financing to fund the rest of the deal and repair costs...
How can I advertise myself as a private money lender in my area?
New guy here! What is the advantage of beginning with a private loan or interest only loan, then going to a bank loan 12 months later when getting an investment property to hold on to? Why not start it off with a down...