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All Forum Posts by: Yulanda McAllister

Yulanda McAllister has started 2 posts and replied 16 times.

Post: Private money lender

Yulanda McAllisterPosted
  • Phila, PA
  • Posts 16
  • Votes 1

@Dave Ramirez Thank you for your input and I would love those documents if possible.

Post: Private money lender

Yulanda McAllisterPosted
  • Phila, PA
  • Posts 16
  • Votes 1

@Dave Ramirez Thank you for your input and I would love those documents if possible.

Post: Private money lender

Yulanda McAllisterPosted
  • Phila, PA
  • Posts 16
  • Votes 1

@Karen Margrave Thank you for your input. I have been listening to bigger pockets and audible books for several months now. I've read several articles on private money lending. I'm aware that I should put a lien on the property. I have the opportunity to make a 25% return and not sure if I can pass this up.

Post: Private money lender

Yulanda McAllisterPosted
  • Phila, PA
  • Posts 16
  • Votes 1

Thank you Matuesz Prawdzik for your input as well. Right now I am currently just focusing in my state to see how this works. If it works well for me I may look into doing some things out of state in the future and will keep you in mind, but I really appreciate the feedback.

Post: Private money lender

Yulanda McAllisterPosted
  • Phila, PA
  • Posts 16
  • Votes 1

Thank you Russ Draper for your input. I appreciate the help.

Post: Private money lender

Yulanda McAllisterPosted
  • Phila, PA
  • Posts 16
  • Votes 1

Hello I am new to real estate and have the opportunity to become a private money lender. What do I need to know before I jump into this and what documents do I need.