The Basics of Private Real Estate Lending
- 33 mins on-demand video
- 2 articles
- 1 downloadable resource
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
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- Learn the benefits of private lending
- Walk through a REAL-LIFE private money deal
- The anatomy of a private money loan
- The paperwork you should be familiar with
- Which real estate investors to work with
- Learn what happens if you are not paid back
- Discover the type of funds you can use for private lending
- Best practices for lending out of your retirement accounts
- Basic financial knowledge
Did you know you can become the bank and lend money for real estate purchases?
Did you know you can earn interest completely backed by real property as collateral?
Did you know you can invest in real estate out of your IRA and earn passive income completely TAX-FREE?
- Learn all this and more in this comprehensive guide outlining the basics of private mortgages.
- Learn from an investor whose company has borrowed close to $1,000,000 in private funds for successful real estate acquisitions!
- See an entire real life private money deal from start to finish.
We will discuss WHY private lending works and how real estate investors can afford to pay higher rates of interest than what you may be used to earning.
Cash is king in the new real estate market, and private lenders are certainly cashing in on a unique opportunity to make highly secure, profitable investments. Take control of your life savings instead of leaving it to the whim of the stock market.
See you on the inside!
- If you're sick of inconsistent, low rates of return on your hard earned money, you should familiarize yourself with private mortgage investing
- If you don't want to put the fate of your savings at the whim of the stock market
Welcome to your crash course in private lending.
Feel free to email us anytime at
or you may reach us at 443-848-8028
Please read the disclaimer section at the bottom of the course curriculum.
Learn why the economy has given us a golden ticket to get involved with private mortgages for real estate.
We truly walk the talk! Our investing business in Baltimore has been around since 2010 and we've done over 100 transactions of all different shapes and sizes, including close to $1,000,000 in successful private money deals. We currently own rental properties throughout the city and in the middle of renovating several other for retail.
What makes a private money loan different from a regular loan? Let's talk basics first before going into the details.
We purchased and renovated the property using a short term private lender's funds. After renovating the property, we put a tenant in place, then applied to refinance the house with a traditional bank for a longer term loan.
When refinancing, typically bank will lend you up to 60% of the value of the property. This bank gave us a little less, but it was enough to pay off our initial private mortgage lender + their interest.
The best investors acquire properties at steep enough discounts to ensure the security of their investors. If the numbers don't make sense, we won't do the deal.
For more information about other deals, shoot me an email to email@example.com and I'd be happy to explain further. It's important to have a full understanding of this process so you know your funds are secure.
Page 1: Buy-Side HUD-1 Settlement Sheet. You will see the purchase price and amount of private money loan circled on this document.
Page 2: Deed of Trust (Mortgage). You will see the loan amount circled. This document is recorded in the official state land records.
Page 3: Appraisal: At the bottom of the page, you will see the amount the property appraised for to give you an idea of the amount of equity our lender had backing the loan.
Page 4: Refinance HUD-1 Settlement Sheet. This is how we paid our private lender back. You will see the total payoff amount circled, which included their principle + interest.
*Lender name blacked out for privacy reasons*
Self-Directed ROTH IRAs are the most powerful retirement investment vehicle for those that want to be in control of their money. Learn how to use them and how simple they are to create in this video.
Be sure to check out www.TrustETC.com and www.TheEntrustGroup.com for more information about how to start your self-directed Roth IRA or roll over your traditional IRA into one.
If the investor defaults, private lenders DO have options. If the investor buys cheap enough, they can end up taking ownership of a high-equity house that they can resell for a profit. Be sure to choose the investors you work with by speaking with their other lenders and making sure they have a solid track record.