Private Lending – How to Do Group Presentations to Raise Private Money
photo credit: Shahram Sharif
I recently wrote an article about the the best ways to raise private money for real estate Investors where I laid out the top 4 ways to raise private money to grow and develop your real estate investing business. One of the top 4 ways we use and teach to our students is to use group presentations.
A private lending group presentation involves getting 5 to 20 people into a room and doing a presentation where you lay out the details and benefits of your private lending program. This may not be for everyone depending on your comfort level of talking in front of groups, but the advantages of group meetings are very powerful. When people start to ask questions and tell positive stories, a certain level of group think starts to take effect and can be very powerful on the attendees. Read more
Finding Options For Fast And Easy Private Student Loans For Bad Credit
photo credit: erephasThe gap between your actual cost of education, and the amount granted by the government, can be bridged by a private student loan. However, imagine seeking a student loan with a bad credit score! Nevertheless, even though it may seem impossible to get a fast and easy private student loan for bad credit, there are several ways of getting one, without worrying too much about your existing credit report.
Credit score is an important criterion that lenders keep in mind before extending loans, Read more
Tips to Get Low Rate Personal Loans
photo credit: Digital Sophia
Millions of people utilize the great benefits of low rate personal loans. The loans of any kind are unavoidable in a person’s life. The loans are very essential when you a face financial crunch. When you find that the necessary fund is not there in wallet to meet some emergency needs, you have to depend on personal loans. It is imperative that you need to get low rate personal loans. If you are got in a trap of high interest rate loans you will be draining out your wallet unnecessarily. Read more
A Simple Guide on Private Student Loans
Private student loans are mainly used to cover up additional cost other than the educational costs. The money that is lent for a private student loan solely depends on the lending agency.
One must understand that federal student loans offer more than what a private student loan offers a student. So, one must first apply for the federal student loan.
Even after applying it the educational fees remains unfulfilled then one can opt for private student loan. The arousal of such loan category was due to two main reasons, Read more
Guide to Unsecured Loans
photo credit: The artist (formerly) known as Gene
If you want a personal loan, but you don’t want to put down any security, then an unsecured personal loan may be a good option for you. An unsecured personal loan is defined simply as a loan in which you as a borrower are not required to give any form of security, like a house or a car, as is required for other types of loans. Your personal credit history is analyzed through a credit check and then a decision is made as to whether or not you should be offered an unsecured personal loan.
With an unsecured personal loan you are allowed to choose a term from one to ten years. In order to figure what your monthly payment amount would be, try using a loan calculator tool that is available from most lenders. Knowing how much you can pay each month will help you determine what the term of your loan should be. Read more
Private Bad Credit Lenders – Who Are They?
Private Bad Credit Lenders are typically individuals or small firms who specialize in lending to the bad credit market, otherwise known as the subprime market. Due to the high risk nature of servicing citizens with damaged credit, these bad credit loans will understandably contain higher rates and fees over traditional loans. However, the great thing is that Private Bad Credit Lending rates are typically more attractive than most other bad credit lending sources. Also being that these lenders are usually independents and not large corporate entities, they can usually approve your loan much faster and with less hassle.
You can try locating these sub prime lenders by doing deep searches on the internet, through word-of-mouth, consulting with financial brokers, and even sometimes larger lenders that have turned you down may be able to direct you. Private Bad Credit Lenders are not the easiest to find, and they like it that way – which is one of the reasons they are referred to as ‘Private’ Lenders. You won’t see a ton of commercial or advertisements flooding the market with these type of lenders compared to the traditional lenders. They know that the ones who need them most will find them. Read more
Private Lending – Can I Use Radio Or Newspapers to Find Private Lenders?
photo credit: evans.photo
One of the question I received a lot from coaching students is how can I advertise for private lenders in my real estate investing business. And more specifically, can I use radio or newspaper advertising to get people to come to a free seminar or to call me directly. However, there are real problems with this type of advertising.
A student recent told me he was about to post some newspaper adds and radio promos for a seminar to raise private money for my real estate investing business. He checked with my local SEC office and was told he could not do these types of promotion for private lenders. Read more
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