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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
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❓❓❓
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
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.
@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!
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.
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
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?
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
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?
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.
