What is a Private Lender? Real Estate Investing
What is a Private Lender? Real Estate Investing
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Private lenders are typically working professionals in their 40s or 50s who have some extra money they want to invest. They may want to diversify their portfolio by taking money out of the stock market or borrowing against their IRA or 401k. These lenders do not necessarily have millions of dollars in the bank, but they are willing to lend money to real estate investors for a safe return backed by real estate.
Private lenders are typically working professionals in their 40s or 50s who have some extra money th