Private Money

Has anyone used private money to fund their commercial deals? I am looking into doing this and am wondering the best way to find these people. thanks Mike

Comments(5)

  • chicagolending27th June, 2006

    private money is a large source of commercial loans. the easiest way is to find a broker who will do the work for you. You can do it the hard way and find a private lender yourself but it is not easy and doing all the work (i.e. paperwork, business plan if needed, being able to see the difference between a good deal and a bad deal. if you need more help send me a email at **Please See My Profile**

    John

  • EvergreenAssetGroup28th June, 2006

    MacDaddy,

    Do the research yourself or cut to the chase and use a well connected Broker. Let me know if I can be of service.

  • ashwin22nd March, 2006

    I read about two big time re investors( I forgot their names) But each of them used one method and both made big money. The basic thing is what you like to do . Do you like working in the environment of excitement and pressure of finding more & more properties and buying and selling or do you like excitement and stress of getting a good tenant and getting another tenant messing up your property costing you money. Because in either case you will find people who made money and who lost money. Good luck

  • lovetoknow29th March, 2006

    i m so hungry for wealth, tired of slaving everyday.. what can i do ???

  • datalynx231st March, 2006

    My suggestion would be to cruise these forums, go to your local library to chack out some books on rei and then order a couple $9.95 30-day money back gaurantee real estate courses. Learn and learn, then learn some more. The last thing you want to happen is to find a motivated seller only to not be in a positoin to solve their problem. Wealth is not everything, as I have stated before. Combine wealth with freedom, though, and you have a foundation for happiness. Just my personal opinion. Good luck to you!
    [addsig]

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