Any idea where to find private money lenders or lending groups that are not mortgage companies? Many of the properties I look at are under 50k and a lot of lenders won’t touch them. (Not enough money in them.)
Hard money lenders won’t do either. These are for buy and hold. I just need a couple 3 years balloon note.
Jeff
Hello Jeff, There are private money investors available that start at $25K and up to $100 Million. Commercial and/or residential RE projects. You would need a broker to find them for you.
No broker around here seems to know squat about private money.
Jeff
Hey Jeff,
Maybe this will help. Call 800-593-7587, ext 110. Ask for Bernadette.
The company is called Plus Funding. She seems to know her stuff. Hope this helps. Good luck!
I called them as you suggested. Nice folks, interesting products, but not what I needed. They still deal in the conventional stuff. No private money.
People must want to keep their private money sources private. 
Jeff
Look in a large city newspaper in the Real Estate section under “Money to Lend”…
Keith
I will do that to, Keith. Then I might just put my own ad in.
Dynamic investor will satisfy old ladies in exchange for tapping their equity lines.
What think you? 
type in hard money loans on your google!
Hey,
Jeff: That’s what I would call “hard up for hard money.”
Peace,
Richard
Hello Everyone, Earlier I posted that private money investors are available. There is a broker that does work with these investors. The broker will work with you but will not give away the source.
Hello,
I can help you find private money. If you have a scenario, I can get you connected to hard money professionals
I can tell you that private money lenders lend 60-70% of subject- to -values, and 100% construction cost, if the numbers there. This is very common.
Let me add that,…
All fall into two (2) catagoreis of risk/reward: loan money/interest made or loan money/collateral gained. Sometimes both.
Metro area,
Private money lendors are not hard money lendors. They loan strickly on the return on Investment you offer them.10-15% and on YOUR reputation. You secure their investment with real estate. Go here for a great book that is a step by step plan that helps you develope your own source of private money.
http://www.tuffinvesting.com/
Walt