Hi All,I moved from California to Atlanta this summer, and my LA townhome hasn't sold.

A private money lender is a non-professional lender.

We’ve talked with a few operators in the Co-Investing Club who’ve partnered with private equity groups.

Loans get bought and sold, and servicers change but loans stay in place for years or decades. 

Contractors: what’s your perspective on working with investors who use private or creative funding?

Quote from @Nicole Claibourn: Investment Info:Single-family residence private money loan investment.

In my view, each private lender should find their niche to be able to survive.

I’ve been having more conversations lately about how investors are adjusting their financing strategies with banks tightening up, rates moving around, and deals needing to close faster than ever.One thing I’m seeing: more investors leaning heavily on private money and asset-based lending, especially for fix-and-flip and short-term bridge needs.Curious how others here are approaching it:Are you using private lenders more often than traditional banks right now?

You really want a LOC with someone, not really a private lender. 

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