Alternative and Private money lenders are not affiliated with a bank or traditional financial institutions. A private money loan can help real estate investors purchase new properties, including residential, commercial, and multifamily real estate.

Vanrock Capital can help you secure alternative and private money loans and make sure the numbers work. Private lenders are a valuable asset to investors because they often have different approval requirements and a faster pace than traditional financing processes. The qualifications and interest rates will vary based on the situation, however, the process of working with private lenders will be similar to other loans.

It’s important to build a relationship with as many potential private lenders as possible, that way, they are ready to fund when a deal comes along. The biggest benefit of using private money to fund a new deal is the quick timeline. Private money lenders can enable investors to acquire new deals at much faster rates than other lenders.