Category: Private Lending Questions
Why Is It When You Ask 3 Lawyers The Same Question You Get 4 Different Answers?
May 1st, 2009, No Comments
I asked my attorney a seemingly simple question: “Is A Private Mortgage Note Considered a Security and Is It subject To the Same Scrutiny by the SEC and the State?”
Seems like a pretty straight forward question and should be a straight forward answer right? Not even close. My regular attorney said that he would research [...]
What are your Private Lending Frustrations?
January 20th, 2009, 87 Comments
Frustrations about Private Lending and utilizing them in your Real Estate Investing business.
| Why Private Lending Is So Important?
January 16th, 2009, 54 Comments
I get asked this all the time. People figure that private lenders are either optional or a luxury. In my opinion they are a necessity in the real estate investing business. Without private lenders you have either to use your own money, rely on banks or partner with other investors.
There are some real limitations to [...]
What Worked for You?
January 15th, 2009, 21 Comments
As real estate investors we have had the opportunity to talk to and learn from many people. I know that I have spent my share of money on educating myself and the people in my office on investing and private lending.
I can tell you that I have picked up so many things that I took [...]
Private Lending Takes Off
December 3rd, 2008, 3 Comments
With the current state of the economy, private lending has become an even more viable option for consumers seeking to borrow money.
Chris Larsen, CEO of Prosper.com, says the credit crunch has been great for the online private lending business. His company went from making $26 million in 2006 to $81 million in 2007. Talk about [...]
You Found A Great Property But How The Heck Do You Finance The Deal?
November 12th, 2008, 1 Comment
If I had a nickel for every time someone asked me that question I would have an extra million dollars just lying around and would be able to give it to someone to buy their house. Financing is really the key to opening up your investing business right now.
Over the last eighteen months or so [...]
Private Lending is the Best Way to Earn High Returns
October 12th, 2008, 1 Comment
Most people are looking for a place to put their money where it will earn a return. Right now any return will do. There are some common misconceptions involved in preserving capital and creating wealth.
I am hear to tell you that after losing almost 60% of my retirement account in the stock market during the [...]
