Simplified Easy Steps for Private Lending

ProfitwithPrivateLending (PWPL) has taken Private Lending and simplified it to a few easy steps. They provide all of their trainings and advices free of charge. As its Mission Statement, Profitt Development, the investment company of PWPL is adding value to the real estate community through technology, efficiency, vision, education and awareness, as well as adding profit to the bottom line. It also aims to design profitable deals in real estate with win-win solutions. Part of its job are streamlining, simplifying, and educating to assure excellent flow of the business. Private Lenders are regarded as substantial part of Real Estate Financing since the banks have tightened their lending practices and have so many regulations. This has provided a growing opportunity for the average Joe to lend and benefit from interest rates up to 15% return on money’s loaned.
Why borrowers prefer Private Money Mortgages? You may ask the same question and you rightfully so. The answer is that the borrower, in most cases have been turned down for a mortgage loan by one or more institutional lenders, such as bank, credit union, finance company or mortgage company. In light of the Global Financial Crisis that occurred as a result of sub-prime lending practices of many aggressive banks and mortgage lenders, the current borrower requirements to obtain loan have become so onerous that today even many highly qualified prospective borrowers with good credit and high down payments are unable to qualify to receive traditional bank financing.
This creates a wonderful opportunity for people who have retirement account, pension fund or other investment money to lend. In today’s environment, it is possible for investors to find highly qualified borrowers to loan private money to at rates significantly higher than they could earn in traditional bank deposits, but also that carry much more security than investments in the volatile and unpredictable stock market or commodities markets.
Since the investment is about money, it is understandable for you to think if you need a mortgage broker or a license in order to make mortgage loans. Under most state laws, you cannot hold yourself out to the public as a mortgage lender when you are a private individual, unless you are loaning your own money. Under these laws you also cannot advertise your mortgage sources.
To find a reputable outlet for your investment, PWPL is a good site to consider. Simply put this way, you don’t need to advertise your mortgage services because you have already got a captive audience – us (PWPL)! Besides, in working with PWPL, we hope to be able to educate you on what or other lenders are doing, and establishing long term relationship with you.
PWPL have quite a few private lenders with whom we work, so the best way for us to work with you is to build a trusting and friendly relationship based on mutual needs. Each investment is different, so it is important that we know your needs so we can only bring you investments that meet your criteria. And the best way for us to get to know you is to meet in person if possible. Our long term relationship is important to us and we want to make sure that they are mutually beneficial.
Make your money work hard for you by investing in private mortgage loans! Just contact PWPL when you are ready to get started earning more money on your investments. We are more than willing to educate and share to you our awareness program on simplified easy steps for Private Lending.