Updated about 10 years ago on . Most recent reply
Any Private Money Out There
BP,
I know that many members have used private money and I want to fund a deal that I have in the works. I only need like 30% of the value of my project. From anyone's experience will a private lender risk lending such a small percentage.
Most Popular Reply
Private money usually means borrowing from friends, family or a known individual.
It's not a bank or a hard money lender.
You can borrow as much as little they are willing to lend you, under whatever terms you agree on.