Hi, my name is Gary Myers. I’m the Vice President of Cogo Capital, and one of the questions we get a lot is…

“How do I prepare for a private money loan?”

Hard Money and Conventional Loans

Hard money loans are very similar to conventional loans. The big difference is that private money loans typically fund properties that are non-owner occupied. These loans are intended for investment only, meaning that people that take these out do not intend to live in the property.

Lending To An Entity

Being a private money investment, we lend to entities. These include entities such as LLCs, corporations, and trusts that are registered with the IRS.

Essential Conditions

All you need is the paperwork, have an entity, and have a good deal. If you have a good deal and you want to find out more details on how to use a private money loan, click the link to continue learning.

Learn More

Interested in getting funding to secure your next real estate purchase?  Cogo Capital can help!  We assist real estate investors by providing private money lending.  For more information call (800) 473-6054 or apply online today.