Cathy Malmrose
How to become a private money lender
How do I join an investment group? I am not confident in the stock market. I have enjoyed doing my own investments in RE but I'm burnt out and want to be a silent investor. I extend about one land contract a year (all...
Wendy Busa
Becoming a private money lender vetting borrower
I am a new investor that is a member of the local REIA. One of the investors is looking to find a hard money lender. I am interested in becoming a hard money lender but I do know the best way to vet the borrower. What...
Daniel D.
Structuring a private money + hard money deal.
Hey Everyone, I have a few multi-family properties that im working on purchasing at the moment, but im trying to minimize the cash I have to put out. I have a few private money lenders that will lend me the down payme...
Gary Harrell
I have a private lender, now what?
I just secured an opportunity with my first private lender. I’m not sure if I would call him a private lender or a partner, maybe you guys can help me with that.My lender is willing to loan me 100% of cost. I am tryin...
Brian Hartman
Foreclosing on a private 30 year loan
I have a 30 year note with a 7% interest rate for a couple that has not refinanced in the past 17 years with low rates available everywhere. We are in Georgia and are aware that they are going through a divorce. The...
Chris Weiler
UBIT, Roth IRA and a private loan
Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...
Justin Eaton
Using a private lender for down payment
Hey Guys! I am looking to purchase an 8 unit mixed use property. It has 4, 2 bed 1 bath apartments and 4 commercial store fronts. The property has a 16% cap rate!! I was wondering if anyone has ever used a private le...
John Jacobs
From a Private Lender: Property Insurance Question
I am the private lender on a single family home flip. The purchase price is $192,000. The rehab budget is $30,000. The ARV is $280,000. The flipper is experienced. I have lent on approximately 15 flips with other...
Chantel Haywood
Buying a private salel through a HML?
Hey there. Newbie here. I found a property I’m interested in purchasing. The owner is selling it privately without an agency. I had planned on purchasing through a HML. Since this is my first buy, how does it work? Ca...
Tyler Rowley
How do you approach a private lender?
Let's assume you have a short list of potential private lenders whom you know personally, but you don't necessarily know if they are interested in private real estate lending. What are the best ways to approach them a...