Learn how to structure private money deal using Rehab Valuator Software in this post. Have you tried getting funding for your real estate projects recently? Especially in the face of coronavirus and post the pandemic?
There is a video in this article that will work you through on how to structure private money deals that will get lenders chasing you with money.
As the current pandemic has brought the world economy to a standstill, both borrowers and lenders’ level of activities has radically changed to a new face. Banks are not eager to lend. Most world economies like the US and Uk, for example, have injected a serious amount of money into their economy as a stimuli package.
Most of this money was made available to small and medium businesses through the banks to help businesses survive the wave of economic lockdown. But most businesses are finding it hard to survive as this money is just sitting in the bank and has not been passed down to the local business.
What Is Private Money Investing?
According to Wikipedia, “private money investing is the reverse side of hard money lending, a type of financing in which the mortgage broker or the lender assesses the proposed loan, focusing on the value of the property being proposed as collateral.”
As a real estate investor or developer, have you tried borrowing money from your high street bank or your local community bank recently? Despite the fact that there is now a stimulus package money from the government, you will still have to go through many hoops and mirages of checks, credit checks, paperwork, and underwriting nightmare of long processes to be able to qualify.
That is why private money has become more lucrative especially in pre and post coronavirus pandemic crises. This video I am about to show you will change your life literally. Especially if you are one of those struggling to get the right funding for your real estate project today or tomorrow.
Anyone can actually do this but you have to use real estate software to crunch the numbers successfully.
It doesn’t matter which software you use, you just have to use something otherwise you won’t get accurate figures or make sense of your analysis. For the purpose of clarity in this article, I will suggest you use Rehab Valuator Software.
Click the image below to watch the free training on how you can do this yourself.
How To Structure Private Money Deals Using Rehab Valuator Software
In this video you will learn:
- 3 Ways structure to structure private money deals with live examples.
- A breakdown of typical financing avenues available for real estate deals.
- A smart way to borrow money from people.
- Ways to structure private money deals that will have lenders chasing you, begging to invest, or partner with you.
- And much more, all within the Rehab Valuator Software web-based platform.
How To Structure Your Deals To Get Private Money Lenders Chase You
The nature of private money is that it is incredibly flexible.
You can almost literally structure an agreement between you and the private lender a hundred different ways.
This is one of the many reasons why private money is generally more attractive than bank loans, or any other form of financing for that matter.
That are many ways to structure private deals than you can imagine and I can’t possibly cover all of the possible ways here but this video will show you three of the most common ones.
And one of these will be very powerful, and if executed successfully, will make private lenders come back to you time after time, and refer all of their rich friends to you as well.
So make sure to watch the video till the end.
Basically, there are three primary types of financing for residential real estate and residential investment real estate.
There is bank financing, there are hard money lenders, and there are private money lenders. So when it comes to bank financing, there is obviously the conventional lenders, the high street banks.
There is a limit of 10 mortgaged properties, very strict financing guidelines, requires a ton of paperwork, good credit, 20, 30% down, background check, criminal check, drug testing, you have to give them your life literally. You get the idea.
Very hard to qualify these days, especially for investors in the current pandemic crisis and even after.
If you have well over 10 mortgaged properties, and even if you could go to them, which I wouldn’t and you a lucky to have a 30 year fixed rate financing which sounds great.
But just seeing how long it took you to lock up this loan with conventional lenders, will be enough to put any investor off the bank loan.
The video above has explained it all and I hope you are now well informed on how to structure private money deals that will get lenders chasing you with money.
There is also a free PDF you can download below on 6 ways to structure private money deals.
This is one PDF report you will wish you have laid your hands on earlier before now. It was written by Daniil Kleyman of True Vision Analysis, who is an experienced real estate investment and development expert with track records of success.
Therefore if have been looking for:
- How do you structure a private loan?
- How do private deals raise real estate money?
- How are hard money loans structured?
- What is private money for real estate?
- What is the art of private money?
- How to structure private money for real estate?
- What is a private money lender?
- How do I find private money lenders?
Then the video and the free PDF download in this article have all the answers you have been looking for and I hope this helps you out going forward. Especially in this economic shutdown caused by the coronavirus pandemic.
All the answers to these questions and tutorials can be put to practice using the Rehab Valuator Software App as seen in the image below. And you can read the full review here for more information.
Have you tried structuring private money deals before? What difficulties did you encounter? If you have any questions or comment please do so in the box provided below and I will get back to you. If you found this article helpful today would you mind sharing it with your social networks? That would be splendid of you. Thank you.