What is Private Lending
What is Private Lending? A Beginner's Guide Navigating the world of real estate financing can be complex. Traditional bank loans aren't always the best fit, especially for investors looking for speed and flexibility. Enter private lending. But what is private lending ? This comprehensive guide from Shop Rates (shoprates.com) will demystify this financing option, exploring everything from its mechanics to its pros and cons, empowering you to make informed decisions about your real estate ventures. Understanding the Basics: What is Private Money Lending? At its core, private lending (also known as private money lending ) is a way to secure funding for real estate projects from individual investors, private companies, or even groups of investors, rather than traditional financial institutions like banks or credit unions. It's a form of alternative financing that fills a gap for borrowers who may not qualify for conventional loans or need faster access to capital. Often, the...