How Can I Become a Private Money Lender? [#AskBP 065]

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Title	:	How Can I Become a Private Money Lender? [#AskBP 065]
Lasting	:	12.40
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Views	:	50 rb

I came here after playing yakuza 4 because it looks like money potential
Comment from : weeb gamer1517

Something I wish other videos would address, and maybe I always miss it, is at what point should one feel ready to start using their own capital to get started, or how might one get started by using another party's capital?
Comment from : Andrew Watkins

Taking over my Dads private loan portfolio He has been lending his own money out for 35+ years He manages all of it manually aka manila folder style I am looking for some software to help manage all his loans He has about 30 private loans active He also has 12 rental properties he also manages the same way Any recommendations would be helpful
Comment from : Rob Locke

How do you get yourself as a lien holder and contract for the lending?
Comment from : Juan Zapata

What’s the difference between personal moneylender and private moneylender ?
Comment from : Love Adventures

What is Individual Money Lender?
Comment from : Antonio Casipong

100k you can make 50k a year in the stock market!!! Why 10k
Comment from : nelson martinez

Thank you
Comment from : Ashish Sam

@ Stock market has returned 6 in past 100 years? No way, man I call this BiggerPockets bias 😂
Comment from : Logan Allec

To be a Private lender Do i need a NMLS Or a MLO
Comment from : WATCHING CLOSE

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Comment from : yahdirs sanchez

Am Getting the best out of crypto trading with Att bcarlos_1uptrades/b on 1G I had a return of $5,000 on my first investment
Comment from : brain gawron

I never knew investing in binary option/forex trade is this profitable, It wasn't long ago when I saw post online of people giving testimonies about mr carlos how he helped boost their financial status I decided to give him a try and I earned $12,520 in a period of 4days with his amazing trading signsls That’s why I decided to share the good news with everyone, find him @Carlos_1uptrades on instergram his indeed a genius
Comment from : Ibrahim Maaruf

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Comment from : Charlotte Bingham

Do you need loan urgently? don't hesitate to contact this private lender who grants a loan at 6 interest rate throughout world Get your legitimate loan at the Global financial loan offer and stop wasting time with fake lenders Contact Whats-app (Justinmedfordlending@gmailcombr+1 760-705-4768) for more details Thanks
Comment from : Grace Wisdom

How Does the private investor set him self As separate entity (LLC )- trust or what ? Best tax season
Comment from : Mauricio Salinas

What's the difference between private money lender and hard money lender
Comment from : Big Blue

The title of this video is misleading This video talks about HOW Private Money Lending works It does not really explain the details of how one would BECOME a Private Money Lender Who creates the documents, how do you vet the borrower, what the fees are, resources for getting started, etc is what I was hoping to see
Comment from : Linda Ngo

Do you need a license to lend to real estate investors? Great content
Comment from : Javier Sanchez

I'm a private money lender I use to have issues with getting customers when I started about 3 years ago but now my bank is solid and I'm making fair profits I'm still open for business though
Comment from : Mark Tyriek

In case you want 5K$ these days, simply take a paypday loan short, irrespective of your rating See it on bOne LendOpp Co m/b
Comment from : Frank Mitchell

You want to borrow a few money and pay bills? bO neL end Opp Com/b , in truth google it (take away areas) I won't do it for massive portions but if you want it asap
Comment from : agrian lulan

How can I start this kind of business in California?
Comment from : tony truong

No easy money in life, by I, have realistically borrowed $900 in one day online with bOneLendOpp com/b (remove the gaps) br brVery fast service, it paid the bills last month, give it a try if you're in need of some cash
Comment from : bobi signal

Be your own banker borrow small loans and make your future
Comment from : Sathia Pal

Im a private lendertypically in my country There should be a collateral example give your atm or issue check to me Or land title whateverpayment mode is monthlytotal amount + the interest devided by like 6mos or 12mos depends on what has been agreed
Comment from : NM

I can only start small with down payments and rehab loans Not ready for the big league just yet Any advice from a small approach perspective?
Comment from : HE & SHE Can BE! with Dr Bertaud

Almost slipped up and said "They could run away with your money to Mexico" You would've been labeled a racist, lost your channel and ruined your life That's the liberal way Good save my friend Good save
Comment from : Brandon Lee Sanders

Seems kinda scummy to me Some people in my city target the poor and charge 20 interest for a short term loan
Comment from : NutLover360

Lutherangrants ,com are a group of kind individuals I got financial help of $90,000 from them
Comment from : Wilson Cooper

Can I be one of many private money lenders for one person? Like if the person needs $30,000 and me and two other people fund them $10,000 each
Comment from : Anttjuan Reid

I am in need of a private lender/investor to help with $300brbrGood day Sir or MadambrbrI am raising money for a marketing funnel brI am in need of a private lender/investor to help with $300 fore 6 Monthsbrbrupfront fees 0brinterest rate 12brMonthly payments 5176brMonthly 6brtotal payments 31059brbrI will give id and proof of residence brbr“I dont have money to pay upfront fees for any reason so please don't contact me if that's what you want”brbrIf you're interestedbrMy whatsapp number is 27617439399brMy email dwaaldj@gmailcombrPlease give me a call if you can help on 27617439399 brbrThank you for your time and for reading thisbrDaniel de Waal
Comment from : Danie de waal

I’ve even used a HELOC to create my OWN line of credit to borrowers with my rate charged to them TIED TO PRIME! That way it’s structured to provide me a consistent rate regardless of what the Fed does 😉
Comment from : Dave C

I’ve successfully been a private money lender for 10 years The after repair value is key, but also is the time it takes to get the repairs done You MUST take time to get to know the flipper, his/her plan, how experienced they are, the refi exit strategy, and even what renos are necessary vs nice to have The longer you work together the more willing you can be to relax on LTV on the “front-end” of the flip (before it’s in selling conditions) Visit every potential property in person before the handshake Get a lawyer that works on YOUR behalf, not the borrower And avoid brokers Go to local REI gatherings and talk personally with flippers Have a loan term sheet ready to hand out
Comment from : Dave C

Hi there,We unlock access to affordable personal and business loan of $50,00000 to cover up whatever you may needLet me know if you are still interested in a business or personal loanWe look forward to helping you get an approval to expand your business in the next 24 hoursPhone:- +1(786)-623-2706E-mail: amgfinancellcloans@gmailcomRegards,David
Comment from : David Maier

Great info but you go tooo fast
Comment from : Too Whom It May Concern

Thank you!
Comment from : All Who Wander

Good video Brandon but I don't know where you got these rates fromI have NEVER heard of borrowers for private lending paying any less than 12 I'm a private lender for a number of developers in Boston, MA and Providence, RI I charge 2 points at closing and 14 interest only fixed rate on a 1 year note The lowest I've ever gotten from a developer is 12 Double digit rates are standard in private lending for real estate
Comment from : P