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Private Real Estate Lending

290 members • Free

3 contributions to Private Real Estate Lending
SDIRA
Who have you opened your account with? What’s the level in ease of use and getting access to your funds?
0 likes • Sep '24
I use Equity Trust. They’ve been around for 50 years and manage $52B. I did a PML deal through this account and everything went smoothly and faster than their estimated time to complete. Here’s my referral link if you decide to use them: https://equitytrustcompany380f9.referralrock.com/l/HEMMALAYAT45/
Underwriting!
What is underwriting? The most important thing for a lender is to make sure they get all their money back. The second most important thing is to make the best return on their money. It is crucial to figure out what the property you are lending on is worth as-is in order to know the most you can lend on it and be safe. Comment here how comfortable you feel right now 1-10 on your underwriting skills. 1 being brand newbie and 10 being GENIUS level. 🚩DO NOT START LENDING UNLESS YOU FIRST UNDERSTAND HOW TO UNDERWRITE! 🚩
5 likes • Sep '24
6.5
Welcome
Welcome to the Community! I'm your host, Alexis Morgan! For some context, I currently run a Private Money Lending Real Estate business out of Atlanta GA. My business generates seven figures of revenue every year and six figures each month. In June, I spent the whole month in a tiny European country working 2 hours each week and still made $30k that month after splitting profits with my business partners. This was the life I always dreamed of and I was able to go from nothing to the business I have now in less than 2 years. I want to show you how you can do the same. Weather you have some cash from a savings account, IRA, or line of credit OR you want to build a business, I'm here to help you get your FIRST private money lending deal. This community will kickoff over the next few weeks. In the meantime, create a new post and introduce yourself and share a picture - Where are you from? - What do you want to get out of the group? - What is your passive income goal? ($/mo) - WHY do you want to start lending? - Respond to another community member. I can't wait to meet and connect with you all. Be sure to connect with me on LinkedIn, Facebook, and more! hoo.be/alexisjmorgann
7 likes • Sep '24
What’s up everyone?! Thanks for creating this community, Alexis! Fort Lauderdale here. Excited to learn how to start a PML biz and lend safely. Passive income goal is $100k/m. I want to start lending so I can retire my parents and travel the world while my money works for me.
1-3 of 3
Hemmalaya Tann
2
8points to level up
@hemmalaya-tann-5739
Investor | Lender | Connector

Active 2d ago
Joined Sep 5, 2024
Florida