I am new to real estate investment and plan to start out as a private lender. I just closed on a HELOC on my private residence. The interest rate is currently 4%. I plan to loan money to established successful real es...
It is recommended to use Private Money Lenders? When is best and when is not?
Hello all! I'm curious what everyone's experience with private lenders is like? What are the main pro's and con's? What do you look out for? Are there standard rates or parts of the experience to note and expect? etc....
I’m interested in doing private money lending and was hoping to get some insight from people with experience. I don’t have a lot of money to be handing out and want to know if and how to to lend with a small budget. I...
Hey guys,
I have multiple creative financing deals pretty much under contract, and I’ve factored in private lending, my issue is finding these private lenders. Where can I go to find these private lenders and prove ...
Good Morning! I am exploring starting my own private money-lending company. Can anyone recommend any good warehouse/credit line options out there (assuming they exist in this space)? As far as technology, are there an...
Good morning,
I currently own 2 properties and looking to acquire a 3rd property. I am struggling to understand private lending and the way banks see this. My lender has told me that the only way I can borrow money ...
Good Morning Family,I am reaching out to get some information and guidance on Private lending. I have inquired to a few private lending businesses that provided some information on their lending instructions and pract...
Hello, I came across an opportunity to invest/ private lend on a fix and flip. The annual return rate is good and time-frame works for me.
My questions are;
1) what are the type of documents I should expect to re...
Hey Oh friends! Investor here looking to dip my toe into private lending to another investor. Deal- Wholesaled property under assigned contract and buyer looking to borrow 130k at 11% for 4 months from me to finalize ...