Dave P.
What questions to ask when securing a private money loan
I am seeking out creative financing options. I have connected with a lender (not a bank or individual).I am wondering if is okay to ask the BP audience about a particular lending institution in terms of reviews, exper...
Shelah Tanner
Witch is better a local lender or a private lender?
Local or a private lender? Witch is the best for first time investors with not so good of credit ? Student loans etc.
Page Huyette
Must I use an originator for a private seller deal?
I've done a lot of cut and pasting Edward Scissorhands-style of many posts on BP that address seller financing, but there are several differing opinions on the topic of whether or not it is necessary to use a mortgage...
Dionte Graves
What's keeping you up at night as a private lender?
I love Real Estate and the many aspects of it. However there seems to be a level of disconnection between different the different sectors of RE...
For example Commercial properties are mainly listed (at least on a n...
Jim Hiler
Starting a private REIT to raise money versus a PPM
Dear BP - I was recently discussing my real estate goals with family over the holiday and another form of raising private money came up. Creating a private REIT. From what I understand this can be much simpler and not...
Dan K.
First time with a private investor - legal and other advice?
Hi BP'ers - Do any veterans have advice for a fellow BP'er who is approaching/working with private investors for the first time? Over the last 1.5 years I've purchased nine rental properties (mostly through hard mone...
Ryan Phelps
How To Structure a Private Lending Agreement for a BRRRR?
Hello, I'm a first time RE investor looking to buy my first BRRRR property out of state as my local market would not work well at all for it. I'm in the process of identifying my offer to private lenders, so my questi...
Preston Donahue
Pitching yourself to a private money lender as a newbie
How do you go about pitching a deal to a private money lender if I haven't done any deals yet? Every way I run the numbers, it looks like a great deal. Outside of showing them a report of the numbers and performance, ...
Scott Brown
How to get pre-approved for a Private Money Loan...
So if you are buying a home for your family and have a real estate agent showing you homes they almost always demand to see a pre-approval letter. Ironically most hard money lenders and many private money lenders don...
William C.
How do I file a lien for a private loan
We own a property free and clear. We’d like to borrow $50k from a private investor. We’d like to sign a note and attach a lien so the investor is protected. What are the mechanics to made this happen? Attorney dra...