Getting to the point where I want to scale up my real estate investing business and trying to figure out the best way to get large private lenders. My biggest issue currently is I have worked with some higher net wort...
I have a small business with an SBA loan that has both of my rental properties as collateral. They have tons of equity but I cannot do a tradition refinance because of the lien. Can hard money and private lenders such...
Hi Everyone. I'm a newbie with a question that I've been grappling with. I've got the feeling that that there is a distinction between hard money lenders and private money lenders. But I can't seem to put my...
I would like to get into lending. What steps do I need to take? I know of plenty of people looking for hard money, I just need to know the right steps, so I can move forward. I have the money and want to lend out. A...
Hi everyone. I've recently connected with a flipper operating with 3-4 investors over the last 28 years within my local market. The starting plan is to learn the business by bringing the financing while he handles fin...
I am a bit frustrated and hope this will be received well. This also may be somewhat lengthy as I just need to vent some. I have a 15 yr background in account management/outside sales. My husband (a Chiropractor) an...
Just opened business checking for LLC.Is it possible to fund your business account and keeping anonymity? Or does it matter?Banker suggested using check, Zelle or wiring money from bank current bank account but my nam...
Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
My private lender and I decided to pool our resources together and we're putting up a private lending company. Our goal is to ultimately put up a HEDGE FUND focused on lending money to real estate investors. As my for...
Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...