How to "Frustrate" Your Hard Money Lender

Описание: In this video, I'll explain how to frustrate your hard money lender and why it's not the best idea to do so.

Working with a hard-money partner can sometimes be confusing, especially if you are a beginner. When it comes to using a private money partner, do everything you can to make it as smooth as possible.

00:00 Intro
01:21 Misrepresentation Of Facts
02:30 Diverting Repair Funds
03:40 Incomplete draw inspection
04:36 Stops Communication
06:12 Proof of funds letter
06:58 Switching Lenders
07:58 Google review
08:16 Asking for money back of PBO
10:17 Asking the lender to run the numbers
11:12 Having no exit plan


About Rodney Miller:

Rodney started his career in real estate investing in 2003. Since that time he’s been a principal in over 300 real estate investment transactions. Rodney started casually loaning money to other investors around 2005. In 2020 Rodney decided to go all in on private lending and started Hard Money Partner LLC. He currently has about $4mm in loans with about 10 hours a week of time invested in the private lending business. Rodney has been married for 23 years and has 3 awesome kids and 3 dogs. Rodney lives and operates HMP out of his office in Oklahoma City. HMP’s service area is Oklahoma, and north Texas, more specifically, the Dallas/Ft Worth Metroplex.

Borrower Resources:
Apply for a loan
https://tinyurl.com/HMP-Loan-App

Guaranteed loan report
https://tinyurl.com/Get-A-Loan-Guide

How to flip a house report
https://tinyurl.com/House-Flipping-Re...

Investor Resources:
How to invest with Hard Money Partner
https://tinyurl.com/Invest-with-HMP

A Beginners Guide to Private Lending- By Rodney Miller
https://tinyurl.com/Private-lending-book

Rodney is available for consultation on all things hard money lending, whether it be borrowing, Investing, or starting a lending business.

Book a call with Rodney to discuss the lending business:

https://api.leadconnectorhq.com/widge...

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