I am considering the path of being a private money lender for fix and flip investors (I don't have the money to lend at this point, just doing the research).   I am curious as to the reality of lending out short term ...

I own a single-family home ( for about 2 1/2 years) that is privately financed by a family member.  Family member received an offer from a third party to buy the Deed of Trust.  From the letter (addressed specifically...

Hello.. There is a property I’m Interested in acquiring via auction however, I intend on purchasing this property with a private money lender.. With intent to rent out.. If I cannot find a tenant or I need to share th...

What are some questions one might encounter when asking a private lender for a loan?

Hi BP,
I'm looking to buy a deal and its a bit bigger than what I have in reserves to buy it cash and refi out later.
i have just recently bought my first deal cash and will BRRRR it. though its a light BRRRR becaus...

Hi All, Thanks for reading my post. I have decent credit, A good amount of Cash saved up but I dont have years of work history. What are some tips or steps to finding a Private Money Lender or Hard Money Lender? Ho...

Hi BP nation Jermaine here, I just ran into a friend I havent seen in years she asked how was my real estate business doing, I told well and that I was in the process of locating funds for a 6plex $45k at 10% inter...

Hello,
I'm fairly new to Biggerpockets, and I understand it primarily US-based. I live in Ottawa Ontario Canada, and I'm looking to purchase my parent's townhome way undervalue. They need to sell the place by Dec 15,...

I just passed by a cheap sign that says for rent with a phone number. I already have local comps of the area and know how the house is worth. How do I go about contacting the owner.

Hello!
For anyone here that has lent out money as a private lender , I have a few questions. How do you vet the person you are lending to?  What type of agreement/contract is needed ?  And finally, if they dont pay, ...