Personal and Business Loans

How Do You Market To Private Money Lenders? As I’ve said before, every business on the planet is in the business of MARKETING.

Yes, that includes you.

First and foremost you are a marketer… second you are an investor. You must know how to get leads in order to even have a chance to put your investment knowledge into action.

So, to get private money lenders for your real estate investing business you must find the people who have money.

Who Has Money?

* Your Family and Friends -Do you have family members who have money that they are earning between 0-5% on? I’m sure you do. Do you think they would want to double the rate of return on their money? I bet they would. Read the rest…

Non-Recourse or No-Personal Guarantee Loans: Fact or Fiction

There are a lot of people talking about getting so-called “non-recourse” loans, or loans without personal guarantees for your business. These loans aren’t easy to find, since most lenders require guarantees. So the question is, are personal guarantees the cherry on a lender’s sundae, or an essential part of the business credit deal?

A personal guarantee is when a business owner that has a business credit line agrees to personally be responsible to pay for the loan in the event that the business defaults. Read the rest…