Why is my Question about Hard Money Loans and where I can find a Lender Getting Removed from Yahoo//??
I am not promoting my own business.

But I am looking for some one who know of a Hard money lender or a private investor who does loans in GA upto 75%.

Does anyone know of a hard money or a private investor that would lend in the state of WI? I am looking at residential and small commercial properties, loan amounts as low as 50k. I am looking to buy and hold. I am looking for terms of 3 to 6 months and would then refi into a convetional loan.

"Federal Deposit Insurance Corp. Chairman Sheila Bair said she expects her agency will finance as much as 0 billion in purchases of residential and commercial real estate loans."

I’m sorry, can some other please read this news story from yesterday very, very, very carefully, and tell me, does it or does it not explain that a private investor can put up 00 and acquire 0,000 worth of real estate with the government matching 00 and loaning ,000 from the FDIC?

http://news.yahoo.com/s/ap/20090324/ap_on_go_ca_st_pe/bank_rescue_88

So, for ,000, a private investor can acquire a 0,000 property, forget the ,000 matching grant, and slowly repay the government 2,000?

What happens if that investor defaults? Who covers the loan payments to the FDIC so that it will stay solvent?

Since when does the FDIC make billions in loans?

The last I read about the FDIC a few months ago said it did not have enough money then to cover everyone’s deposits if the banks all collapse.

Why then would it be tapped to send 0 billion out its doors on a dubious economic rescue plan with full understanding that the whole plan is a risk and may fail?

The rich bankers will get their money from the government loans as speculators and the naive rush to get these properties that they won’t be ablle to make money off of in this economy — lol, the banks cannot make money off of them, by what magic will the private investor using government money to get them from the banks be able to make money off them?

So, the banks and those who own them will be held up for awhile, but when the problem behind this economic mess is not truly addressed, they will run the risk of failing again and there will be no money in the FDIC to cover the consumer’s deposits? But the rich will have their money, courtesy of 0 billion from the FDIC?

Oh my.

Is that what is happening here?

I am based in Jacksonville, Florida but I want out of the state and into a real city. my desire is to work in sales or marketing up North in Chicago or New york. I have my BS degree in Business Management and have worked as a marketing coordinator and in real estate as a private investor as well as a loan originator.

Any advise on strategy would be great.

Also how would I GET A PRIVATE investor to loan me money for property? It would never be a good deal for the investors would it? Say you take where I live if you spent 1 million you could buy a 10 room apartment complex and if you rented it it would generate about 5,000 a month. Now pretend I wanted an investor to get me the million to build them and let's say I own the property but am just paying for the building. Pretend I gave him 4 thousand of the five for say 10 years that's 480,000 dollars return so far but let's also say after that 10 years the security he bought turns into equity but it is still only worth 500,000 since half so the investor wouldn't get any return DETAILS DETAILS

I would really like to get into real estate investing, but do not have the funding available to me.

I am not new to real estate and have worked with pre-foreclosures before. I used to find them, work out deals (sometimes short-sales) with the banks and then submit them to a network of buyers that I am affiliated with.

What I want to do now, however, is invest in real estate for myself rather than collecting small finders fees after doing all the work. I am an expert at finding nice properties for pennies on the dollar, but am unable to purchase these properties myself because of a lack of funds.

This would not be as big of a problem if it weren't for my own poor credit score. Which makes it impossible for me to secure a loan using traditional techniques. So what would be required is either a true "equity based" loan or "no doc" loan; or a private investor.

Does anyone know how I can get money to make these investments, i.e. private loans, hard money, etc. and more specifically how to get in touch with them?

Thank you in advance.

I'm a Professional that is looking to get into "flipping" houses. I have located properties that are 65% to 70% ARV. If anyone knows of a Hard Money Lender or Private Investor I would appreciate your help.