To those looking private money in todays economy

Financing, Hard Money Lenders, Private Money
1

Hi,

This is addressed only to those who are looking for private money. Since the fall of 2008, overall what success are you having with raising private money.

I define private money as money being used from individuals. This isn’t money that is bundled from several different sources where a broker is used. This is money from people who are doctors, lawyers, people retiring.

The reason I am asking this question is because before I start any marketing program to raise private money I’d like to get an idea if people are looking for a safer investment ( not stocks or bonds for instance ) or they are looking for a better return on their investment ( instead of say certificates of deposit ).

Thanks for your thoughts!
Bill

2

bump!

3

Have you read hassansr’s thread about “I’m going to buy a house this month, here’s how”? He’s been exploring the private money angle for awhile now. Even though he didn’t meet his goal of buying a house in one month, his thread gives explicit detail and good insight into how difficult it can be to secure private money.

4

Thanks Jstin0419 !