Become A Private Lender For Real Estate Investors (Exactly How)

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Become A Private Lender For Real Estate Investors (Exactly How)

Рет қаралды 27,972

Күн бұрын

How do private lenders get to be lenders? They’re not banks, so what does it mean to become a private money lender for real estate investments?
👉Learn how to structure deals with Doug Faith.
Show notes, 🎁gifts & more in the description.
During this episode of the Exactly How Podcast and KZfaq Show, we talk with an experienced private and hard money lender who started as a rehabber and moved through the ranks to become a lender.
You’ll hear what lenders look for - especially with new fix and flip investors. And you’ll hear how it’s possible to start loaning capital for real estate and put yourself at the front of the line when it’s time for checks to get cut.
Want to get into real estate? Not sure how to start? You need to see this!
👉 See It Here: wrgo.io/Connect...
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📚Show Resources:
wrgo.io/Connect... (The BEST real estate investing software)
Connectedinves... (The social network for REI)
Connectedinves... (House flipping APP)
PrivateLenders... (Find funding for flips)
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🛑 Subscribe to Connected Investor’s Channel: / connectedinve. . 🛑
*Get notified whenever we go live or post!
Want to get into real estate? Not sure how to start? You need to see this!
👉 See It Here: wrgo.io/Connect...
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FOLLOW CONNECTED INVESTORS ON SOCIAL:
Instagram / connectedinv. .
Facebook / connectedinve. .
Linked In / connected-investors
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ABOUT the Connected Investors' founder Ross Hamilton:
Ross Hamilton has been investing in real estate since he was just 19 years old and he has really done it all. Ross has completed countless residential and commercial fix and flips, wholesale deals, he buys and sells notes and makes a killing developing land.
Ross has a rare talent set. Not only has he been very successful as a real estate investor, he has made a very influential name in the tech world as well. Ross has raised and invested millions into tech companies.
Ross is the exiting founder of Connectedinves.... Connected Investors is an investment property marketplace and social network for real estate investors with close to a million members. Several years ago Ross launched a private funding portal, PrivateLenders..., that disrupted the entire industry. His portal facilitates over 3 Billion in funding A MONTH.
He has a unique perspective on the real estate investing market and he loves sharing his knowledge with others.
Want to get into real estate? Not sure how to start?
👉 See It Here: wrgo.io/Connect...
#realestateinvesting #becomingaprivatelender #structuringdeals

Пікірлер: 72

@ConnectedInvestors 4 жыл бұрын

Thanks for watching! Here's our #1 BEST training complete with all the checklists, calculators & software you need 👉cix.com/see-it 📚Show notes 🎁Gifts & more in description.

@bbg3mdyll746 2 жыл бұрын

I am more than grateful for the time invested into supplying and equipping us with the knowledge and the way to succeed in our goals and purpose.!!! Keep going! WE NEED YOU

@FlipWithRick 5 жыл бұрын

Hey! Liked and Subbed for more of that great real estate content. I love seeing those great little nuggets.

@matthewellis3004 22 күн бұрын

12% on your money, in six months, 24% in 12 months is incredible. Double your money every three years, as long as things go smooth that is. Which they never do. But still. I would like to know more about the regulations, required credentials? Insurance required? Particularly in California

@tadabeats4904 2 жыл бұрын

An updated video of this would be cool. I’d like to know if anything has changed with private lending

@paulrivera3252 4 жыл бұрын

I loved this vid. I usually hate podcasts. They are long and boring. I want to listen to this vid over and over ago

@chadphiel8413 Жыл бұрын

Thanks for this service and series. This is helping me understand things in totality on a number of items. Biggest plus is this is proving if my theory and new life/business/wealth restructuring and operating systems is not only possible but what really won't work. From my own health to business health ; from what I need in my proposals to provide legal protection; to how I need to add collateral into my proposals for financial protection ( that should be in every proposal/contract agreed to and signed no matter what the contract is for). Finally the more I keep finding on CI the more I believe that I can actually achieve my goals. Most importantly the more I learn ,confirm and apply the better my company operates so when I'm ready to get an investment the more detailed and properly structured my ask will be. So funding should be much easier to obtain no matter from where the investment comes from or whom/what is providing the funds . Thanks again and I hope everything I see and read stays as informative as it has been from website , first chapters in literature and couple videos watched.

@ConnectedInvestors Жыл бұрын

We are more than glad that this helped you a lot for your understandings!

@VeronicaGrimes_tc Жыл бұрын

@chadphiel8413, I can help walk you through the process. Also if you need help with funding your transactions, I can help with that as well. Feel free to reach out!

@adanyalinstephens105 4 жыл бұрын

Thanks for the insightful interview. This is a great free resource!

@todduttapa3858 4 жыл бұрын

This is eventually want to get into. I think it translates well for guys with experience in analyzing deals to determine good deals to lend on. Thanks guys! #exactlyhow

@blackstk8820 3 жыл бұрын

hey can we talk over something?

@jacquelinewilliams2954 4 жыл бұрын

In every area or strategy, you would need a coach, for direction and plan.

@rovie8976 3 жыл бұрын

Great info.. Thank you. Aspiring to become a private money lender:)

@ConnectedInvestors 3 жыл бұрын

You bet!

@nguye1971 3 ай бұрын

If the underwriting guidelines are similar to the banks, then why would someone go to private lenders? Not clear on this. Thanks

@nouche-30064 9 ай бұрын

Very informative ‼️Thank you ‼️ I am looking for information on the best way to structure the business for private lending or hard money in Real Estate. For privacy and best tax purposes. Please, can someone know videos or websites❓❓❓

@eBizAutomation 5 жыл бұрын

Very helpful info. Thanks

@OzyRooster 3 ай бұрын

Really interesting content! Thankyou! I expect i will be contacting you at some point in the not to distant future 👍🙂

@thedr.oflove3323 4 жыл бұрын

What is a third party Servicer for the loan you are going to loan? And is it costly to hire one ?

@earlworld6429 5 жыл бұрын

Wonderful useful info. Thanks a lot

@blackstk8820 3 жыл бұрын

hey can we talk over something, its for business time would be appreciated.

@sellersterms 5 жыл бұрын

Can't wait for this one!

@blackstk8820 3 жыл бұрын

do u want to expand here in india we got more perople than u can imagine i charge 2% a month let mee know if ur interested together? i did my major in finance and know everything

@johnkesinger2191 2 жыл бұрын

30% fees and interest ? Not in my market

@susanfleming920 4 жыл бұрын

Nice insight on lending side #exactlyhow #skininthegame #partnerup #profitcenters thank you guys!

@ericknaus4998 Жыл бұрын

Big help! Thx

@andracoisbored 3 жыл бұрын

This Was AWESOME! thank you so much :)

@blackstk8820 3 жыл бұрын

hey can we talk over something?

@kbushrow Жыл бұрын

Amazing insight !!!

@ConnectedInvestors Жыл бұрын

Glad you think so!

@janicebrigman3678 4 жыл бұрын

Thank you, this is what I want to do!!!!

@ConnectedInvestors 3 жыл бұрын

GREAT! Let us know how else we can help.

@HardwoodFloorRefinishing101 3 жыл бұрын

Love this !!!

@pre-pachroniclesbychristin1800 11 ай бұрын

This is a valuable video. But it doesn’t sound like traditional private lending. This sounds like how to set up a hard money business. Private lending is a lot less invasive and waaay more simple. Am I misunderstanding something?

@tagglivevidzz6195 4 жыл бұрын

Im a newbie great info

@awesomehausi.p.1704 4 жыл бұрын

Awesome AWESOME awesome. Great info🤙

@blackstk8820 3 жыл бұрын

hey can we talk over something, its for business time would be appreciated.

@mirmortuzaharun8987 4 жыл бұрын

Great but I am not selected for PIN 5

@lisaher474 4 жыл бұрын

Great information! Thank you!

@ConnectedInvestors 4 жыл бұрын

Lisa Her thanks for the comment! Have you taken any steps into real estate?

@blackstk8820 3 жыл бұрын

hey can we talk over something, its for business time would be appreciated.

@mmmmSmegma 3 жыл бұрын

Ahh... Ever since I was a little boy I always knew that usury was the profession I wanted to get into when I grew up.

@blackstk8820 3 жыл бұрын

hey can we talk over something?

@gbreezy426 3 жыл бұрын

Can you broker CI loans?

@harperproduction3935 2 жыл бұрын

Hi I am looking to borrow against my home that I've just put int the market for sale. The home is well over $300k. My only problem is that my home is in the UK and I live here in the US. I don't want to wait for the house to sale, could take a few months. I'm willing to pay high interests on the 50K I want 2 borrow because I want to start a business now. Can you advise me on how to get in touch with a private lending business owners? What do you even say, when talking to the cashier people? I just don't know where to start. Anything you can help me with, please.

@callen2533 4 жыл бұрын

I'm in Texas. I would like who would be a good Company to become a Private Lender with? My experience is New Construction/Wholesaling/Land and etc.

@blackstk8820 3 жыл бұрын

hey can we talk over something, its for business time would be appreciated.

@juzefzoozoo 3 жыл бұрын

Just to be clear, this video is about a hard money lender.

@krishanchaudhry68 3 жыл бұрын

Dream to be Pvt lender Few of my friends Are

@johnizzo7383 2 жыл бұрын

Great video where can i download the pdfs

@ConnectedInvestors 2 жыл бұрын

here you go. connectedinvestors.com/blog/become-a-private-money-lender/ also check out new.connectedinvestors.com/fast

@VeronicaGrimes_tc Жыл бұрын

@johnizzo7383, How are you since your last post? If you need help with funding your transactions, Feel free to each out!

@jamillahbrown8855 3 жыл бұрын

Very informative! Would like you as a mentor.

@blackstk8820 3 жыл бұрын

hey can we talk over something?

@jmjpowerjoule 3 жыл бұрын

i am at least commenting.

@TalentNetworked Жыл бұрын

Private Lender cannot charge points in Florida.

@brogad6036 Жыл бұрын

i need a private lender asap

@sisteruche1477 3 жыл бұрын

Hello there, nice video to be honest, but everytime I watch different videos, I see how people earn from it but no, my case is different, I'm always making huge losses, please what am I doing wrong?

@VeronicaGrimes_tc Жыл бұрын

@sisteruche1477, How are you since your last post? I can guide you throughout the process and help funding your transactions. Reach out anytime.

@krishanchaudhry68 3 жыл бұрын

Love it

@MegaTuang 3 жыл бұрын

It's not Private Lending! It's a Hard Money Lending.

@DusableLewis 2 ай бұрын

setup is terrible

@GouverneurduNiadiFK 5 жыл бұрын

That's HARD MONEY!! Not PRIVATE MONEY !!

@sellersterms 5 жыл бұрын

What is the difference to you? Hard money lenders are not loaning out of their bank account?

@elcapitalista007 4 жыл бұрын

@@sellersterms Exactly. I'm HML and I fund my deals with my line of credit.

@veemagnified 3 жыл бұрын

There’s a big difference between hard money loans and private money loans. Hard money lenders are professional money brokers. Their source of capital usually comes from other peoples money, credit lines, or their own money. These loans come with various fees such as origination points on the front end (down payment prior to closing) and interests % on the back end. For example here’s a breakdown on a 2/12% loan on 100k. 2 points on 100k is 2% or 2K that you put down to get the loan. The 12% annual interest which is the same as saying 1% per month or 1k a month you’d pay the lender for the longevity of the loan. So a 2/12 on 100k would be 14k you’d pay if you ran the loan for the entirety of the year. Let’s not forget the fees these lenders impose on the applicant. You have appraisal fee, closing fees, inspection fees etc that would come out of YOUR pocket. Private lenders on the other hand source their own capital; mom & pop lenders. The BIG difference… they don’t charge origination points. The loan is based on loan points or interest imposed on the loan. There’s no appraisals because they don’t request one and no extra fees. If you’re trying to do as many deals as you can, you need larger profits to move that money for more deals. With private money this makes the goal much more attainable and quicker. However, hard money lenders are also very advantageous when you can’t find private money quickly and need money now to get the deal before it’s gone. Knowing your numbers is crucial to being successful in this business. Numbers don’t lie. People do.