How to Get Private Money for Your Real Estate Deals

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I get more questions about financing deals in today’s market than anything else. And specifically about getting private money . . .

Here are a some of the private money questions that I’ve received lately:

“Can you show me some of the paperwork from a sample loan?”

“If you have collateralized a property with an investor and you sell it, do you have to pay off the investor at that point? Can you hold the funds for a certain time period to try to get more property to assign as collateral?”

“Can you suggest where to find some legit private money lenders? The ones I’ve contacted wanted $250.00 non refundable just to present the project with no guarantee of getting the funds . . .”

“What do you advise are the best avenues to solicit private money?”

“Can I use your information to apply to investors that I need to invest in apartment buildings with me?”

(more…)

Tags: Financing, private lending, Private Money, private money resources, real estate investment financing
Posted in Real Estate Investment Financing Strategies | 3 Comments »