A friend of mine has 100k but doesn't know what to do with it. I mentioned becoming using it in real estate but she doesn't have the time to do so as a single mother. How can she become a private lender?

Is this possible? Get a private loan, buy & rehab, & then get a HELOC to pay off the private loan ($75k).

Then, get another private loan & do it again.

Pros? Cheaper fees than a conventional loans?

Cons...

Hi BP! I know it has been quite a while since I've had any activity. I fell into some pitfalls (when it rains it pours) as well as working very hard towards eliminating a drastic amount of CC debt I had accumulated an...

We are thinking about using a private investor for the first time.  Words of advice?

Who would be interested in committing to a weekly "Private-Hangout" for wholesalers?The purpose would be to network & pull together our individual talents to provide the our services to our buyers and home owners....

Has anyone done business with http://www.guaranteedprivatecapital.org?  On the forums, individual indicates to send email to [email protected] and I received a reply back from a gmail account asking for ...

I have a private loan, 15%, on one of my homes that was cross collateralize with another home. This was supposed to be a short term, organize and get out. I am trying to refinance into a lower rate/term and I am havin...

I am wanting to start Private Lending and wanted to get feedback and tips on how to get started?I am looking for 8-12% ROI ...seems to be high expectations from what I keep hearing...Also looking and able to extend $3...

I'm a new investor and am in the process of gearing up to make this my full time endeavor after being laid off for the first time in my life. I have owned several homes and have 1 rental property (duplex) that we purc...

Hi! I am new to BiggerPockets and was looking for some advice on private lenders. Specifically, I’m wondering what others’ experiences have been working with private lenders, and how to find one?
For context, I live...