4 Ways Not To Get Screwed By Private Lenders

Armando Montelongo Breaks Down 4 ways to not get screwed by private lenders and hard money lenders.

[micheleorellana]

This helped cause I have my first appointment with a hard money lender this morning

[johnflohr]

Kate and I learned so much at bus tour, and appreciate how we were treated. learning is great, but now is the time to put it into action. we are making apps with Realtors, contractors, etc to get our business growing quickly. Thanks again John and Kate Flohr

[shadysyde]

thanks I really appreciate the information you provide.

[patrickdelaney]

Please tell me more about private money lenders. Thanks Patrick

[radHill]

I'm looking at buying a commercial building. I would need 35% down if I used the bank. The owner of the building will hold the mortgage at 7% with 20% down. The building generates a decent amount of cash as well as 2 leases. Should I go private. If I do should I use the cash to pay it down or start claiming it to help my exit strategy in probably 10 to 15 years?

[audreyturner]

what should we do when the broker gives us a date for the funds to be paid, and the lender contacts us a day after the closing was to be and tells us that the date that the broker was not the date. We lost the deal along with 1, 000. earnest money deposit.

[ashleygale]

I'm some what confused. Sorry! The video started with PML then mixed in HML. Do these principles apply to both ?

[Paulparker]

I already purchased a property, but need a private money loan for the repairs, whats my options?

[cristhianmatiasdominik]

Hi Sir

Are you know any lender loan fund for purchase of Hotels of 5 starts in Spain (Euros 28MM) Germany (Euros 102MM), to 25 or 30 years for return without absolutely none upfront payments?

Please, I waiting for your reply about it soon.

Thanks.

Kind regards.

[haitianaffairs]

Thank you Armando
I am looking to establish a relationship with a private money lender to fund properties that I want to fix n flip.
But I want to put no money down where 70% LTV or ARV to be financed.
Do you know a good lender that does business in Florida?

[lorennaestrada]

Is Private money lenders and hard money lenders the same ? or how are they different.
What you recommend me to do if I want to do in my first investment ? By the way great video

[thelizzo]

Hi, do these rules apply to hard money lenders as well? In particular to the no down payment?

[michaelpaige]

Hey Armando, my name is Michael Paige and I will be at your workshop in waltham this coming weekend. I was wondering if you guys could find me a hard money loan asap so i could take this little bit of experience into the workshop with me or if maybe somebody on Armando's team would want to be the hard lender. I have found and absolute steal with what great comps. I'm so edger to learn all I can in this upcoming weekend

[youmarc]

What if your only holding the property for 4 or 5 months to flip it. Is the private lender going to want more return if they only earn interest for a short time?

[coraloukenny]

How do tell between the real private leaders - To the fate private leaders