A private money loan is a loan provided to a real estate investor, backed by real estate as collateral. Private money investors receive a first or second mortgage, securing their legal interest in the property and protecting their investment.
When we identify a home significantly below market value, we offer our private lenders the chance to finance the purchase and renovation of the property. This allows the lender to earn very high interest rates typically 8 to 10 times higher than what is available from bank CDs and other traditional investment options.
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