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Looking for ways to reach out to Private Money Lenders in my area. Actual private money lenders, not hard money lenders. Any suggestions? - Thank you in advance
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One of the advantages of using private money loans is that they can be structured more favorably than an HML or bank loan. However, there are still some general rules of the road that even private lenders expect. I us...
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Hey guys, I am in the process of setting up a private money fund. I have committed individuals ready to put funds into an account and have me act as fiduciary. However, I am not yet done with the legalities and final ...
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Hello,I'm trying to find creative finance options for a buy and hold in Mississippi. Does anyone loan for this state? I live in GA but I'm currently investing in Mississippi. I can't see to find any lenders for this a...
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I'm wondering if there are any advantages of using a bank vs a private lender. Is there any reason you would prefer a bank over private money? Not counting the obvious stuff such as interests rates etc. Do banks offer...
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Hey guys
when I raise private money as a loan, for 10% yearly, some of the lenders say "wait, if u can give me 10%, i guess u make alot more! so how can i invest WITH you instead of lend you money?"any insights on wh...
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Hi BiggerPockets. I am a newbie, and a first time flipper in Honolulu, Hawaii.Has anyone ever gotten a hard money loan from a company called PRIVATE MONEY UTAH?Their 12.5% interest in 2-5 points are quite high, but ap...
I'm working through a broker that does all the underwriting/paperwork/recordings/foreclosure (if need be), where I only need to fund the transaction acting as the private lender on the note & deed of trust.
I pe...
I'm 21 years old, and I know my college housing area really well. I am looking to start flipping houses in that geographic location before I start my masters program in March. I understand I have minimal capital at my...
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Hello! Is anyone familiar with Hinkle Lynn (private lender)? I've been in contact with him today about funding a purchase and just wondering if any of you have worked with him.Thanks for any guidance!Diana