Check out our free tutorials. Use Seller Financing and Private Money loans to make more money. You could send your borrower to a hard money or private lender see right. Or you could recommend the Seller takes back a mortgage and arrange for the sale of this mortgage, for a fee, at closing. If you have clients who are receiving payments on a mortgage you can help them sell it for cash.
Private lenders come in various degrees of sophistication.
Some are scared by the thought of a foreclosure, some consider it to be another profit center. Most prefer single family homes. They will often expect your help in debt collection. Click here for reasons why private lending makes sense to the investor. There are also many companies making hard money loans.