How To Start A Hard Money Lending Fund From Scratch

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Information How To Start A Hard Money Lending Fund From Scratch

Title	:	How To Start A Hard Money Lending Fund From Scratch
Lasting	:	9.36
Date of publication	:
Views	:	22 rb

Who wants to start a hard money lending fund?
Comment from : Bridger Pennington

DONT know where he got 7k from
Comment from : jahbless1

Should I create an LlC for lending With that being said, am I paying short term Capital agains on returns Obviously I’m new to this, and would like to start off the correct way
Comment from : Kevin Smith

im a hard money lender for many yearsrarely will a private lender be in a 2 positioneverything looks good on a chalkboard but its not reality
Comment from : joe

you said yourself you can’t even get your dad to give you money to invest so why should anyone listen to your advice?brbrshow your dad this comment i bet it will make him laugh
Comment from : Roroguapo

Is there a max interest rate limit a hard lender can charge for an investment property?
Comment from : Toad French

i respect that he made you earn your own shit could you interview him sometime to discuss his views on that side of parenting?
Comment from : Polygamous Siimp

do we need to get the nmls license
Comment from : anil jain

Bridger most hard money real estate loans are in 1st position not a 2nd lien position 2nd lien position is a bad place to be Also hard money loans are typically higher leverage loans and take into account the ARV, LTC, and also includes the money to finance in most of the renovation costs I understand that you are making this very basic and there are many more advantages with hard money loans It should be noted that the lending side and getting set up to actually lend hard money once you start the fund is a whole other project
Comment from : Jeff Bechtold

Can i start this with $100k
Comment from : Build Business Credit Fast TV

How do you know their skin in the game isn't just private money from another lender?
Comment from : Drew Angell

Thanks!!!
Comment from : Christopher Kanawyer

Bridger whistles as he talks 😂
Comment from : Trey

Hello and thank you I'm thinking about doing my first hard money lend I do realestate but was never the BANK What do I need , an attorney , appraiser, and title company? Who outs the actual lein on the property, the title company ? I appreciate your time
Comment from : XCRYPTO411

What’s the back story with that shoe in the background 😅 man a shoe in a case like that must be something worth talking about Thanks for the video
Comment from : News From Around The World

the house flipper made out like a king lol
Comment from : NY Acoustics

So if I raise capital from multiple investors, that exceeds the loan amounts to deploy at the moment, do I use the funds pro rata that I’ve raised so EVERY investor has exposure to EVERY single loan? I hope you understand what I’m asking Thx
Comment from : Nick Ruiz - Alpha Uncut

He is describing GAP funding and no bank is going to allow it
Comment from : Justin Dube

With Google around why do I even waste time on such a video!
Comment from : Some Guy

I have 13MM in outstanding private notes I am interested in starting a fund What is your advise? If I use use $1MM ti start the fund, what is realistic to raise? What are the fee structures? Is it a waterfall or is it per loan?
Comment from : Mikayla Simone

Thank You - Sir
Comment from : Sigma Enigma

Can a hard money lender lend money to buy a car and what are the best recommendations for that lender?
Comment from : Nancy Gonzalez

who set up the legal document on the private lender deal
Comment from : Mark P

Have hard money lenders partaken in LBOs?
Comment from : WaysOfAquarius

Can Private lenders partake in LBOs?
Comment from : WaysOfAquarius

Great vid Bridger thanks for sharing mate
Comment from : Casual by Nature

Been doing it for 4 yearsI love it!
Comment from : Nathan Bangs

great insight bro! i will say though, at least in miami, not a single hard money lender will take 2nd position
Comment from : Manuel Marine

Literally reading a white paper on the massive amount of white collar crimes that take place just in America Much larger than petty larceny ( still a lot ) Regardless thank you for this video
Comment from : Franklin Park Reviews

Do you have to be licensed to do hard money loans?
Comment from : Edward Bryant

Lending is where its at! Cool to hear this is how you got your start
Comment from : Kaden Hart

I have a payday loan business I can pay you 14 per year without you doing anything
Comment from : Ipx Store

Bridges is a great educator on how to start real estate funds but as a person that has used hard money in the past on real estate projects and currently have a hard money loan on a project I HATE this skin in the game tactic new hard money lenders are going with listen I understand Its a protection mechanism for the lender but I love my current lender that gives 100 of 65 of the ARV, they do an appraisal based on the market and lend 65 on that, theres some limitations to the rehab cost but an example is: you have a 40k purchase and 25k rehab budget, and the ARV is 100k the HML will lend the whole project and only take 3 points Now the interest rate is high af at 12 BUT its 0 down on the loan you just got to pay closing costs Just my lil diatribe, keep doing ya thing Bridger!
Comment from : G Almighty