As real estate investors, we often come across more deals than we can afford to buy. The overall strategy is to partner with private money investors in order to secure these properties.
As the private money investor, you will receive a favorable interest rate on your money that is protected by undervalued real estate. All parties involved in the transaction incur a certain degree of risk and all of the risk is curbed by purchasing a property at a heavily discounted price.
The interest rate paid to you as a private money investor is in the ballpark of 15% in the form of a short term loan.
As the mortgage crisis continues to take shape, private money investors are becoming more and more in demand. This demand will result in even more favorable interest rates secured by even safer properties.
As many of our private money investors tend to be hard working professionals such as doctors, dentists, lawyers and such, this union provides the ability for them to take advantage of the real estate market without having to spend an enormous amount of their precious time having to maneuver through it.
Together we can reap huge rewards in this marketplace.