Adam Adams
How can a private lender report to the credit bureaus?
As a smaller private lender I have often wondered how I can build my borrower’s credit by showing the credit reporting agencies all the original mortgage balances, current mortgage balances, minimum payment amount, an...
Shonari Wynter
Need advice: Should I get a private and mortgage loan?
I have been trying to figure the best way to go about financing a property I am looking at. The local bank I am with will give me 85% of the loan for both purchase and rehab. Therefore if the property was $150000 incl...
Cody Reilly
Can I get a Private Lender with Crowdfunded Down Payment?
So heres the scenario,Ive got 400k crowdfunded and am looking at seller financing deals because my job history is sporadic and I get paid cash a lot of the time so getting conventional financing wont be happening. My...
Rabih El-Khoury
Working out the Math of a Private Lending Deal, anyone?
Hi. I'm trying to figure out the math on a privately funded real estate deal and would appreciate your help. Time and again I've heard podcasts and read articles/posts on how private lenders get 10%-15% ROI but no sou...
Erin Wicomb
The difference between a REIT and a Private RE Syndication?
I had a client ask me today what the difference was between a REIT and a private real estate syndication. We talked about it for a bit so I thought I would share some key thoughts with you guys!REIT: REAL ESTATE INVES...
Jimmy Gaughan
DOES A PRIVATE LENDER / HARD MONEY NEED A LOAN APPLICATION
Are private investors and/or hard money lenders required by law to have a loan application?
Alice C.
I am a private money lender. Borrower keeps filing bankruptcy
Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity. I then engaged an attorney to proceed with foreclo...
Niv Calmy
An architect with aspirations of becoming a private house entrepreneur
Hi all, I am Niv, a 32-year-old architect. With 6 years in the field after my university degree, I've touched all types of projects but mostly I love (very much) and specialize in residences - private houses, apartme...
Rasheed-mass Ali
How do I contract a private Loan with a Colleague?
Greetings, Bigger Pockets community! I'm seeking your help in locating sample contracts, understanding crucial considerations, and learning how to modify contract terms. Specifically, I aim to create a zero-interest l...
Todd Rizzardi
Presenting a Deal (the right way) to a Private Lender
On Pg. 262 of Brandon's book "The Book on Rental Property Investing" he talks about presenting your deal to a private money lender to make sure all the numbers are laid out clearly.Is this the same thing as an Offerin...