Hello everyone one. I work with a private lender however, I want to become one myself. How do I start. I have very little money to lend so I thought I might start off with very small earnest Money or down payment loan...
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Hi there,I’m planning on becoming a private lender to some local investors. I would appreciate any insight from people who do this routinely, any resources to share, such as agreements, etc.. I know I would need a pro...
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Hello Everyone, I am learning about the process to become a private lender and wondering if others who have done so are willing to share their experiences. How difficult is it to start and did you have a mentor to he...
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I have just decided to get into real estate investing . I am a retired engineer, 37 years at Boeing. I thought that acting as a private lender would be a good place to start. I have high six figures in saving current...
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I’ve just secured my first private lender/partner. I am wanting to employ the BRRRR strategy, and my lender/partner wants no part of rental property ownership. Can I get recommendations on how to structure deals with ...
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How do you refinance a private loan? I would like to purchase a property with a private loan but would like to do the brrrr method is it possible?
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Good Morning,What are the ways to vet a private lender? I put a posting in the marketplace and have had a number of private lenders contact me. Some have more information available online than others and I'm wonderi...
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I'm getting red flag vibes from an absentee buyer. I had him send me a picture of driver's license. How can I verify if it's accurate? Illinois License.
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Hey BPer’s So I’m curious what a private lender deal looks like from the lenders end? If I was to lend 50k to an investor that’s buying distressed properties and flipping them and cherry picking the best deals for his...
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...