Real estate funding using private money to close your investment properties is like having the keys to the bank vault.
It’s money you have access to around the clock and if you’ve ever been in a situation where you know you had to close a deal in less than 24 hours, then having immediate access to private money is crucial to your REI success.
I’m sure there will come a time where you’ll need to close a deal within 24 to 48 hours and having access to private money will allow you to get the deal done.
Some of the benefits of using real estate funding using private money is it provides fast closings, access to an abundance of money, and confidence knowing you can close the deal.
“Private investors want to lend you money.”
Why? Because only with real estate can you promise a safe, secure, guaranteed investment and learning the skills to structure the deal correctly using real estate funding will bring you success.
“Let’s think about it for a moment.”
By taking the time to educate yourself correctly and applying the skills needed, you can offer a private investor 15% to 30% return on investment. The investor gets his money back plus a healthy return on investment and you get to keep the remaining profits. It’s a win, win for everyone.
Unlike a hard-money lender, which are also great, a private investor won’t charge you points and you can generally roll your interest payments to be paid in full once you sell the property and make a profit.
What is a private investor?
A private investor could be anyone that might not even invest in real estate or know the benefits real estate funding with private money provides.
He’s the guy with an IRA, Sep Plan, business owner retiree, doctors, lawyers, CEO’s, and upper management.
Basically anyone you can think off that might have money. It’s out there and it’s easier than you think to find private money for your real estate funding, if you just know were to look for it. Where to find private money investor?