If all that stands between you and a real estate deal is money then you should consider a private lender. If you're looking for financing options that will let you buy, rehab, and resale properties, you can not find something more easily than private money. If you are looking for private funds then you may visit www.baymountaincapital.com.
There is usually no credit check in private lending. Moreover, they require very little financing requirements. Private lenders are like financial institutions that want return on their investment. You got a good shot to get a personal loan if you hold the equity in the property and have a solid plan in place to pay back the loan.
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Private lenders would especially like to know how you will pay the money back and how much money they will earn as profits on their investment. The more you can convince them, the higher are the chances that you will get approved for a personal loan.
You can find them at:
• Investment clubs
• real estate seminar
Once you find a private lender, keep their contact information with yourself. You never know when you might need them. Private lenders are from all walks of life, including private investors, hedge funds, institutional investors, portfolio lenders, real estate brokers, and REO agents.
Private money offers quick cash for real estate investors to take advantage of foreclosure real estate and other deals.