All Forum Posts by: Jonathan Chan

Hi,

I'm looking for private money lenders, not HML or conventional lenders, who prefer to set their money collateralized against existing, stabilized long term rentals in AL and TN. I have a bunch of equity in 7 properties in those two states that currently have 3-4% interest rates. I'm looking for someone who'd be happy to come in 2nd position for 3-5 years and receive interest only payments with a balloon at the end of the term. I can provide HUDS, lease agreements, mortgage statements and property P&L's from my PMs.

Security documents you will receive from me:

- Promissory Note

- Title policy

- Deed of Trust

- Personal Guarantee

Thank you!

Hi All,

I'm a semi experienced real estate investor. I've closed and dispoed 4 wholesale deals, flipped 7 lots of land, own 30 rentals and have closed around 25 deals as a lender. It's been a pretty cool journey and has allowed me to leave my W2, however, I've come to the realization that my current strategy of delayed gratification is no longer working for me. I jumped into real estate doing the BRRRR method, understanding that holding property will allow me to build generational wealth, but then learning that landlord income is not the best way to feed your family. That brought me to about a year ago, when my Mom wanted to retire. I moved all of her old retirement money into a self directed IRA/Solo 401K and started putting her money to work through real estate lends. It's been great, but I'm not able to financially benefit from any of that money. This brings me to now, I've taken this approach and have used my own money in lending, but am also bringing in friends and family to take part in these transactions so they can earn way better returns than with CD's. The only problem is that these are 6 month lends, I'm 1.5 months into this, so any work that I do now will not reap any kind of benefits until 6 months from now. Going back to a W2 is not what I want to do, at least not in my old industry.

I've learned through my 4 years of experience within real estate that my strengths and best used in raising capital. However, I'm new to this and have really only started raising money through friends and family here and there. It's been great, we've hit over 4M in soft commits through 2 months, but we've only deployed about 500K. I feel like there are some strategies and follow up I'm missing and hoping to work for a capital raiser or an investing group as a capital raiser, so that they can focus on what they excel at, rehabs and project management. Has anybody gone this route? Any suggestions on where to look other than the facebook outreach I've been doing?

 Inability to show proof. If you can back up what you say with hard evidence, I move on.

Leesburg! I used to live in Fairfax right by GMU.

 I thought I had responded to this, but I don't see it. Anyways, yes, I'm lending out of my own SDIRA as well. Right now, there's no plan to minimize taxes just yet. My main focus is to make sure my Mom has enough cash to live off of while she enjoys her retirement. As for my account...I'll deal with it when the time comes.

 Thank you!

 Thank you sir!

Anybody on here have a podcast? Want to guest on each other's shows?

As private money lenders, protecting your investment starts with careful borrower vetting. Here are some key red flags to watch for:

🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.

🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.

🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.

🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.

🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.

As always, thorough due diligence is your best protection. Working with vetted, trustworthy borrowers and maintaining a robust vetting process will help ensure your capital works as hard as you do! 💼💰

 You got your money plus return back. Where did they get the funds to repay you?

 I honestly don't know how enforceable it is, but 24 hours to respond to any sort of communication is more than reasonable in my opinion. Yes, we also make sure there are multiple exits. I personally like lending on BRRRRs because it's more predictable. You can do everything right on a flip and just have the timing be bad or just have it sit for no good reason.