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Posted over 5 years ago

Private Lending During Corona

Despite the unprecedented health scare we are all experiencing, even while we focus on maintaining safety for our families and others, most of us need to continue to develop a strategy for our future and the economic well-being of our families. 

Right now many investors are out there looking for deals. Even in uncertain economic times, there are deals to be found. New opportunities await.

With so many investors looking for that deal, you want to be the FIRST person to be able to jump on that opportunity when you see it. The biggest anxiety that many investors have is securing funds fast enough so they don’t lose the deal or the closing date, or risk upsetting the sellers.

Banks are slow and can take a month or more to process your funding, not to mention the long grueling interrogation and paperwork that go with it. They also have a tendency to say “no” if you have little to no credit.

Here's a way to bypass all of that and turn the “no” into a “yes.”

Talk with a private money lender!

• Private lenders offer quick funding. Funding can be processed in less than 2 weeks on your first deal and subsequent deals in 3-5 days

• If you are a newbie or don’t have perfect credit, private lenders can still fund your deal

• Private lenders offer competitive pricing. (At my company we will meet or beat competitors’ rates, terms and fees)

• You won’t have to fill-out exhaustive paperwork either!

I’ve been where you are. I've been an investor since 2016 and I know all hang-ups and pitfalls that come with financing. Keep the idea of using a private lender in your toolbox and continue the hustle, even through tough times! Stay safe and stay healthy.



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