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Private Real Estate Lending

Public • 272 • Free

11 contributions to Private Real Estate Lending
Submit Your Homework!
How did your conversations go!? The recording of the live meeting and HW is in the classroom tab! Make a new post here about your intentional networking journey to get points on the leaderboard. Right now @Jack Hilbun is #1 and on track to get a FREE ticket to the PML Mastermind!
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New comment 2d ago
1 like • 2d
Im really trying. Is the deadline today?
1 like • 2d
@Alexis Morgan I will keep the momentum going then. 😀
Who here needs there first deal?
Hey hey! I have a couple loans coming up in my personal business that I'm willing to invite an investor in on! In my company we mainly focus on first position PML in Atlanta with monthly interest. These loans are to fix and flippers and all of our loans have a 6 month balloon. We are typically funding deals $150-250k and partner with people who want to take down the loan themselves or contribute $50k+. As a partner you can get 10-12% annualized interest with a monthly interest payment. I am partnering with capital partners on new PML deals every week! I want to do deals with this community! Who here is ready to deploy capital and looking for a worthy opportunity?
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New comment 3d ago
1 like • 3d
In time, I probably will need it too. Need to figure out how to maintain cash needed for deal flow (if that makes sense).
0 likes • 3d
@Desdemona Smith interesting. How are you currently financing your deals and what does your perfect deal look like?
Welcome
Alexis, thank you for the community. I’m here looking to grow my lending business.
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New comment 3d ago
0 likes • 3d
@Ken Lewis me as well.
0 likes • 3d
@Ken Lewis would love to connect with you soon.
Homework 9/17
Meet 3 new people and USE the NETWORKING Framework to Build Relationships and Understand Quickly & Efficiently how you would be able to work with someone! Comment here when you have 3 meetings scheduled and make a NEW post in the HW section with your takeaways from the conversations
Complete action
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New comment 2d ago
4 likes • 3d
So I had 2 great discussions. One over a week ago with Alvin and one last night with Stacy. Working on one with McKena. Im sure more will come this week. Will keep you posted.
The #1 Goal of a Private Money Lender: DON’T LOSE MONEY!!!
Here are the 15 topics we will be covering in the coming weeks to help you AVOID SCAMS and keep your money SAFE. We will deep dive on 1 topic each week, and when we're done you will have ALL the information you need to SAFELY lend your private money on real estate deals. SO MUCH VALUE FOR FREE!!! 1. Intentional Networking 2. Information you NEED to do your due diligence on a lead 3. Vetting the Deal 4. Vetting the Borrower 5. Inspecting the Property 6. State Laws You Need to Know 7. Resources You Need Before You Lend 8. Vetting the Title Company / Closing Attorney 9. Verifying Wiring Instructions 10. Security Instruments / Paperwork that protects you 11. Wiring Funds 12. The Due Diligence Process: A PML Checklist 13. What to Do When a Borrower Defaults 14. How to Find Borrowers 15. How to Raise Private Capital
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New comment 2d ago
The #1 Goal of a Private Money Lender:  DON’T LOSE MONEY!!!
2 likes • 3d
This is the meat n potatoes Ive been looking for.
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Lori McDevitt
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24points to level up
@lori-mcdevitt-7757
Mom/3rd Generation RE investor/Fitness fanatic/PML in training/On an FI journey

Active 15h ago
Joined Sep 4, 2024
Norcross, GA
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