Need another way to fund your next real estate deal?
In this episode, I sit down with Chris Naugle, founder of Private Money Club, to break down how private money works, how it differs from hard money, what lenders look for, and what both borrowers and lenders should know before doing a deal.
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Chris Naugle YouTube: Chris Naugle LinkedIn: The Chris Naugle
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Description: Need money to fund your next real estate deal? Private money may give you another option beyond traditional banks and hard money lenders.
In this episode of Money Makin' Mamas, I sit down with entrepreneur, real estate investor and money strategist Chris Naugle to talk about how private money works in real estate investing—and what both borrowers and lenders need to understand before doing a deal.
Chris explains the difference between private money and hard money, the types of real estate deals private lenders may consider, and why relationships are such an important part of raising private capital.
We also walk through a real example: What if I have a property under contract for approximately $200,000, expect about $20,000 in repairs and project an ARV around $350,000? How would I present that opportunity to a potential private lender?
Chris explains what experienced lenders may look for when evaluating both the borrower and the property, including track record, appraisals, loan-to-value, financial information and due diligence.
We also turn the conversation around and discuss the lender's side. Before putting money into someone else's real estate deal, what should you investigate? What questions should you ask? And how do you protect yourself from getting caught up in an attractive return without understanding the risk?
Chris also shares the story behind Private Money Club, why he created a community designed to connect borrowers and lenders, and the role relationships and education play in private lending.
Whether you're an investor looking for capital or someone interested in understanding private lending, this conversation gives you a practical look at both sides of the transaction.
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Chapters: 00:00 Introduction to Chris Naugle and Private Money 01:11 What is Private Money and Why It's Growing 02:15 Difference Between Hard Money and Private Money 03:09 Types of Deals Suitable for Private Lenders 04:53 Attracting Private Lenders for Small and Large Deals 05:54 How to Present Your Deal to Private Money Lenders 07:45 Due Diligence Tips for Private Lending 08:56 Building Relationships with Private Lenders 11:15 Overcoming Misconceptions About Private Money 13:24 The Role of Private Money Club and Networking Events 18:59 Upcoming Private Money Club Event in Dallas 31:02 Educational Resources and Support from Private Money Club 34:57 First Steps for New Private Money Lenders or Borrowers 37:26 Closing Remarks and Contact Information
About Nancy Wallace-Laabs is a licensed real estate broker investor and national speaker with over twenty years of experience and ten years in property management. She is the co-founder of Money Makin Mamas where she helps professional women transition from paycheck dependency into single family real estate investing through structured decision making and practical application.
Kelcie Leka is the co-founder of MoneyMakin Mamas represents the real life transition the brand is built around. After leaving a high stress corporate sales leadership role, she began building a real estate portfolio using the same single family framework taught inside Money Makin Mamas, bringing a practical, relatable perspective for women balancing career, family, and investing.
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By: Money Makin' Mamas Title: How to Find Private Money for Real Estate Deals | Chris Naugle Sourced From: www.youtube.com/watch?v=FQ2s4VuMCkM
