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The Most Common Way to Secure Your Position in a Deal as a Private Money Lender
Securing your position in a deal as a private money lender doesn’t need to be complicated, but it can be if there’s no one in charge of making these decisions. It’s like steering a ship with five captains on board – it will be a challenge to come to a consensus.
Watch this video to better understand why someone needs to be in charge of a multifamily deal and how you can secure your position as a lender in your deals!
Key Talking Points of the Episode
00:00 Introduction
01:30 How can a third-party servicer help you secure your capital?
02:20 What is the importance of staying patient as a private lender?
03:06 What kind of group should you be investing with?
______________________________________________________________________
Bill Fairman and Wendy Sweet, sibling principles of Carolina Capital Management, have a combined 35+ years of conventional real estate sales and finance experience. They, along with President/CEO Jonathan Davis, serve as consultants for investors, guiding them to network with other investors and educating them in locating and structuring transactions. We put People and Principles ahead of Profit--always.
Listen and subscribe to our Podcast: https://thealternativeinvestor.libsyn.com/rss
Visit our Website: https://carolinahardmoney.com
Facebook: https://www.facebook.com/CarolinaHardMoney/
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