December 11th, 2008
Private Mortgage Lenders: How to Finance Real Estate through Private Mortgage Lenders
How to finance real estate through a private mortgage lender including a discussion of using the Promissory Note, Mortagage, Certificate of Insurance, and Disclosure Statement.
When considering financing through a private lender, you must first locate a private lender with an interest in your particular real estate venture. Private lenders are ordinary people who are willing and financially able to fund your property venture by means of their own assets. You can locate private lenders through networking with others in the business, asking for referrals, or making a public presentation to a group of potential private money lenders.