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Why You Need Private Money
Posted on September 25, 2012 byThe topic of Private Money is near and dear to my heart. When I started my real estate investing career many years ago, I heard about the necessity of finding private lenders. In fact I even found two. But then I stopped. For four years I PROCRASTINATED. I didn’t get it!!! For four years I continued to go to banks and jump through their hoops in order to fund my deals. I also had used hard money lenders, but found them very expensive.
It wasn’t until I quit my J.O.B. and found that banks wouldn’t loan me money that I realized that I needed to bring private lenders back into my life quickly. When I took that step, everything changed for the better.
What are some of the advantages of using private money for your real estate investments? Well, if you haven’t decided whether or not to use private money, I decided to lay it on the line here for everyone to see. Read More→