A strong relationship is the foundation for any successful business venture. Even if you’re new to real estate investing, chances are you’ve heard of private money lending as a way to fund your deals. While this form of lending is supreme, most fail miserably when attempting to attract potential investors. To set yourself apart from […]
Category: Private Money
Private money lenders are looking to invest in projects that are the least risk to them. Initially when getting to know an investor, they may only lend small amounts to start out and charge higher fees & interest until you develop a good relationship with them. Making the best impression when meeting lenders for the […]
Navigating through the private money lending process can be tricky. It’s very important for you to understand and remain mindful of the private money lender’s position. As you describe to the potential lender the value of your property, how much you need to borrow, use of the funds, and description of the property; imagine the […]
Financing is the biggest hurdle real estate investors face. Most average investors don’t have a lot of cash on hand, so alternative financing is required. This usually means getting a loan. So unless you have a rich uncle that agrees to fund his favorite nephew’s real estate adventure, head to the bank or find a […]
As markets continue to change, more and more people are turning to alternative investment options. Many investors are seeking opportunities as private lenders because it gives them more control over their investment. A private money lender lends their own capital to a real estate investor who will use it to fund a rehab, construction, or […]