Tag: Lender
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How Much Equity is Needed for a Private Money Loan?
When considering approaching a private lender to fund your deal, you might be wondering how much equity is needed. Keep in mind that a private money loan is a business loan that uses investment real estate property as collateral. It is not an equity investment in your project. The money used to fund private money…
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Understanding Real Estate Private Money Loans
A private money loan enables a borrower to get a loan for business purposes in exchange for pledging their property as security. An investor or a group of investors may provide this loan. An investor like this could be a business lender, a finance firm, an online lender, or a broker like Hand Over Fist…
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A Lender to Fund Your Deal
You’ve found a fabulous deal, and now comes the daunting task of finding a way to fund that deal. Banks have turned you down because the property doesn’t fit their criteria, or they have turned it down because you have used your credit one too many times in your real estate investments, leaving your credit…