100% financing still exists!

Private money lenders don’t often take a down payment from you and may monetize both your purchase and restoration of the property, or more! In many instances , investors have purchased a property so far below market value that their lenders have actually funded not only the purchase of the property, all the renovation costs, AND allowed the investor to receive money at the purchase closing to put towards their ongoing expenses and receive an initial profit at closing. .

This sounds great, but where do I find these lenders?

Private money lenders can be family members, friends, business partners, professional or personal acquaintances, attorneys, accountants, business owners, or strangers. Anyone that you come into contact with could be a potential private money lender for your real estate deals. Be aware that people you come in to contact with on a daily basis may be receptive to an investment opportunity if you have a solid plan.

What’s in it for them?

Fixed returns on their capital providing larger profits than almost all other investment vehicles , secured by real assets at below market value, insured against fire, theft, vandalism, and natural disasters, and the power to do all of this totally   tax-free within their individual retirement accounts if they desire. Need we convince you more ? Retirement accounts are an excellent source for private money lending. Investors who have suffered through the erosion of their retirement accounts in the past are likely to be receptive when you ask them to be a private money lender.

Where do the funds come from? 

There are  a variety of sources that private money lenders can explore in order to take advantage of excellent investment opportunities.People with self-directed IRAs can now use those contributions to grow future wealth through real estate investments. The flexibility of a self-directed IRA has allowed them to have control of their investments and allows them to take new opportunities for wealth management andrewarding growth within their funds. Finding these investors and matching them with your real estate deals is a way you can fund your deal without using any of your own cash and credit.