All Forum Posts by: Account Closed

I am in st.louis have money want to be a silent partner

Hi I have money want to invest but don't want my name on investment property.can you work with just me I'm in st.louis

I have no money I have an idea to get started lending in real estate by using a third-party lender . What I mean is I have a private lender who would lend me money . And I have an investor who wants to borrow the money . I will get the money at 8% I would charge 12% and I would make the money at the difference . Does anybody know more about those laws Lending laws.

can you use 25000 for  a flip

in st.louis do I need a broker to private money lend. Can you tell me more about it

After thinking about the constructive criticism I thank you for . I've decided to put in place this criteria. They must already have a buyer.

They already have most of the house finish an a car as collateral

What do you think

for payment I have a promissory note or a small down payment at 1500

you miss understand the question say you can in with the money you could see you need but then you need more money. For upgrads or unseen fix that were my deal comes in

I was reading a book called the bankers code.it talks a lot about velocity and the ability to make an interest on small amounts of money . One example of how to do this was. To peer to peer lending but I thought of a new idea . For flippers I see on shows like flip or flop they can be short up to 5000$. But there partner or lender dose't want to give more. An they don't want to pay more. What if I as a private lender I gave a $5000 loan for 5% you pay two months after you sell. No collateral only promise  note an 500 down. IS THERE A Need

Hi I want to be a private money lender is 25000 enough money to start?

Do you know anyone looking. For that kind of money for equity financing