Episode Details
Back to Episodes
Private Money Explained Part 4: Rates, Returns, and Protecting Investors w/Amy Mahjoory
Description
Private money lending has become a hot topic over the past few years. With rising equity and asset prices, more lenders have come out of the woodwork, and an equal amount of investors have sprouted up to match the need. But taking on private money isn’t a light decision, although most investors think of it that way. Doing a deal the wrong way could put your reputation in jeopardy and rack up an expensive bill you’ll need to pay back.
Before you accept (or lend) private money, there are a few things you should know. But you don’t have to go through trial and error to figure them out! Back on part four of this private money series is Amy Mahjoory, investor and private money expert. Amy goes into the nitty-gritty of private money, from debating debt vs. equity to the risk of raising capital, protecting your investors, and the type of interest rates you can charge and returns you can expect.
If you haven’t raised or lent private money before, we recommend watching the entirety of this four-part series, as it answers crucial questions that rookies can often overlook. We also follow up with some Q&As from the comment section about how to pay a private money lender back, why coaching is seen as scammy, and the three documents you’ll need to do a private money deal.
In This Episode We Cover:
Raising debt vs. equity for your real estate deal and which one comes with more risk
Building rapport with lenders and never accepting “random” investments
The most common private money red flags for both lenders and investors
The three documents you’ll need to accept a private money loan
Finding “silent partners” who will fund your deal without overriding your decisions
The best investment opportunities of 2022 in multiple different niches
And So Much More!
Links from the Show
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Love PodBriefly?
If you like Podbriefly.com, please consider donating to support the ongoing development.
Support Us