The process of working with us as a private lender is really pretty darn simple.
Here are the basic steps to a private money loan with our company:
- Step One: Our company locates and approves an investment property based on our strict investment criteria.
- Step Two: Our company offers a private note to cover the costs of the purchase (acquisition, remodeling, etc.). A private lender sends their loan funds to the escrow company and the note is created.
- Step Three: Our company closes on the property and begins with the remodel using the funds from the private lender.
- Step Four: Once the property is complete, based on our exit strategy we either bring in a credit partner who will refinance the property to cash out you as the private lender… or we market the property for sale to an end buyer. Once the property is sold or refinanced the private lender receives 100% of their loan principal plus the interest as agreed.