Real estate investors like you have used hard money loans for years to buy investment property. Why? Because it works. Hard money lenders can often fund deals quickly, and they can fund deals that traditional lenders would never approve.
But, there’s a catch. It’s extremely expensive! Most hard money lenders charge 16–18% interest and thousands in up-front fees. By the time you factor in the loan costs, there isn’t any profit left in the deal for you.
In addition, hard money lenders have tightened up their borrower requirements over the last few years, so actually getting them to fund your deal is next to impossible!
And that solution is private money! Private money lenders are wealthy individuals looking to lend to real estate investors like you.
Borrowing their money is much cheaper, and the lenders themselves are typically much easier to work with. And guess what? There are plenty of them right here on this website!
Most of the private lenders listed here are lending at 6–12%, and most don’t care about your income or credit score. They just care that your deal is really a deal.
You’ll find lenders in all 50 states, including California (CA), Florida (FL), New Jersey (NJ), New York (NY), Arizona (AZ), Texas (TX), and Georgia (GA).
Avoid the hassles and fees tied to borrowing hard money.
Enter your zip code above now to find private lenders near you!
Looking for the best fit for your funding needs? Private Money Goldmine allows you to search interest rates and find the lending terms that are right for your deals. What we offer is a lot more than a private money "exchange" or "directory." We want you to have an alternative to a normal mortgage. The ability to find private individuals with equity to lend you funds at rates you can afford. All conveniently online, in an easily searchable format.
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