As many of us would agree, private loans can be an amazing vehicle for both the Deal Provider (you as the investor) and the Cash Providers (your private money partners). Private loans can help you finance flips, rentals and help you expand your real estate investments. Private loans are great for lenders as well. They can be a terrific way for them to receive a high ROI on their money. But private loans (as all tools in real estate investing) should be used with caution and education. There are pitfalls, common mistakes, and things to avoid when it comes to using private loans. In today's video, I share three of the most common pitfalls to avoid with private loans!
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