Private money investing is the reverse side of hard money lending, a type of financing in which a borrower receives funds based on the value of real estate owned by the borrower. Private Money Investing (“PMI”) concerns the SOURCE of the funds lent to hard money borrowers, as well as other considerations made from the INVESTOR’S side of the equation.
Without these private, non-institutional investors, hard money would not exist.
Read more about Private Money Investing: Private Money Investment Industry, Private Money Investors, The Lending Process, Underwriting, Funding, Methods of Investment, Investor Eligibility, Regulatory Oversight, Investment Management, Investment Considerations, Mortgage Funds Compared To REITs, The Future of Private Money Investment, See Also
Famous quotes containing the words private, money and/or investing:
“What do any of us know of the private past of even the most harmless and kind-looking individuals?”
—Arnold Phillips, Max Nosseck (19021972)
“There are a thousand hacking at the branches of evil to one who is striking at the root, and it may be that he who bestows the largest amount of time and money on the needy is doing the most by his mode of life to produce that misery which he strives in vain to relieve.”
—Henry David Thoreau (18171862)
“After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.”
—Calvin Coolidge (18721933)