Thanks for watching. Feel free to leave comments or questions below and I'll do my best to respond :)
@ThePropertyPastor
4 жыл бұрын
Thanks April!! Great content as always. Are your PMLs funding short or long term? I have used private money for BRRRR projects through SDIRAs but haven’t cracked into long term note holders. If you have a PML long term, what types of rates are they charging you?
@GregsTake
2 жыл бұрын
Love the info April. When we deposit money in a bank, we become their creditor, their lender. We lend them our money. And.....here's the good part. The fine print says we don't own the money, they do. I've been in mortgage banking 21 yrs and we have a bank branch downstairs from my office. Keep up the good work. I'm currently looking for my first deal to fund as a private lender with MY money. Promissory Note and Deed of Trust, here I come!
@Basilio_Alcantara
4 жыл бұрын
Hi April... greetings from Miami... i love watching your videos!!!
@ritahogikyan8560
Жыл бұрын
You are Amazing !! 👍👍👍
@gnahthe
2 жыл бұрын
There are many people that know a lot about stocks and they speak disparagingly about real estate, because they don’t know as much about real estate as they do about stocks. The reverse is also true. Use both. Real estate isn’t the only way to financial freedom, just as stocks aren’t the only way.
@nataliefino1926
2 жыл бұрын
Hi April great video! Do you have a video that talks about how to determine when to increase and decrease interest rates when private money lending?
@popkahchin
4 жыл бұрын
informative as always
@ronthefuture8827
4 жыл бұрын
Hi April! Love this video. I would love to get into private money lending. I have learned a lot from you.
@brandotex
4 жыл бұрын
Thanks April, I was wondering what the typical returns were.
@russcali4138
2 жыл бұрын
As a first time private lender who prepares the loan documents that my "flipper" will sign. Are there standard templates or forms for this ?
@gared287
2 жыл бұрын
If one is not in the Real Estate business and has no contacts, could you advise as to where an aspiring hard money lender might meet other hard money lenders? Unfortunately, far too many people keep their business close and don't wish to share because of the fear of competition. Thanks!
@aprilcrossley
2 жыл бұрын
SDIRA networking events put on by local SDIRA companies in your area. Private lending conferences. There is an american association of private lenders conference and if you google private lending and passive investing you will find some local organizations. and also on bigger pockets - which is like facebook but for real estate investors
@gared287
2 жыл бұрын
@@aprilcrossley Thanks, April!
@kc0tlh
3 жыл бұрын
Please make a video talking about how to save on taxes in this business
@aprilcrossley
3 жыл бұрын
buy and hold rental property, have a bookkeeper, a bad ass accountant who can provide you advice on how to save taxes, invest in syndications for tax write offs, and follow Dave Zook - this is his area of expertise. There's LOTS of ways it just depends what you are doing. If you are flipping- its the worst as far as taxes. It will get you chunks of money to pay off debt, etc, but its terrible from a tax perspective. So if saving on taxes is your primary goal then you need to be holding rentals or investing in syndications
@Tstine2480
4 жыл бұрын
I was told to not use private money
@sykayda6035
4 жыл бұрын
Do you think your hashtags make sense?
@t.j.madden6917
3 жыл бұрын
Aloha from Hawaii!
@JAYJONEZZ
4 жыл бұрын
Question if a PML funds 75% Purchase price. Do I have to put down 35% as a down payment? He also finds 75% rehab
@JAYJONEZZ
4 жыл бұрын
Yes I understand that part I was just wondering about if a PML fund 75% if I have to put down the 35%?
@Thefewfunds
3 жыл бұрын
Do you have to have a lending license to do private money lending?
@aprilcrossley
3 жыл бұрын
in some states, yes!
@Thefewfunds
3 жыл бұрын
@@aprilcrossley Yeah, I started my company this past week and put micro lending down for what I do but not sure if that was a bad idea being that in the state of Connecticut, a small loan company needs a license. Read the license and one of the requirements is $50k in bank account. Welp my back is against the wall and figuring this one out lol. Found a work around with commercial real estate, where as long as you do 5 properties or less annually you don't need a license to lend 🙌 i figure raise capital #bootstrap then be able to do both
@Thefewfunds
3 жыл бұрын
I'd definitely like to visit one of your 2 day events. New to the channel so watching but want to learn in depth
@TheGOATof909
3 жыл бұрын
HOW DARE YOU WANT TO TAKE OUT YOUR OWN MONEY!! lol
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