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REITactical Network

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“You don’t know what you don’t know!” Here is where you learn from real deals!

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2 contributions to Real Estate Private Lending
Deal of the Week
I'm funding a deal on Friday. Let me know if you would do this. It's a wholesale deal that I need to fund ~$84k to the settlement company (that I know very well) for ONE DAY. Yep. 1 day. This is for a Double Close wholesale. I charged 1.5 Points which is pretty fair. Meaning I'll make $1,260 in one day for the use of my funds. I'll have my money back either Friday or Monday at the latest along with the fee. Would you do that? Give me some answers and I'll tell you what the wholesaler is making! LOL
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New comment Jun 21
1 like • Jun 12
I’m putting together some terms now: 10%APR per month base with 1pt fee per month held. This gives us a wholetail strategy as well. Let me know if you’re interested!!!
0 likes • Jun 21
@Michael Breisch Lexington
One way to find borrowers
Do you have money to lend, but you aren't sure how to find borrower leads? In my experience, finding borrowers is EASY. There are always more people that want to borrow than people with money to deploy. - However, it's good to build a borrower list. One way to do that is to offer tools for borrowers. Not only does this provide value to potential customers, it also helps set expectations on how to do business with you. For instance, I am requiring all deals I fund be submitted with a Scope of Work that I'll use to disburse draw reimbursements. It's free. The only thing they have to provide is an email address. If I need deals in the future, I'll shoot out some messages to the Borrower list. Here is an example of my borrower page. If you want what we use for Scopes of Work....download it. https://www.achievecapitalpartners.com/borrowers If you don't want to share your email, no biggie. Just DM me. I'll send it.
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New comment Jun 21
0 likes • Jun 18
Too easy!! I’m a borrower!!!
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Bobby Tindal
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4points to level up
@bobby-tindal-8866
Real Estate Investor, Husband, Coach

Active 1d ago
Joined Jun 12, 2024
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