#144: How We Turned A Private Lender Loan into $70k in Equity
As a private lender, I see deals and fund deals regularly. And there are times that a borrower isn’t able to hold up his end of the deal and this can either be disastrous or turn into a great deal for us. This is the very reason why you loan or borrow at 65-70% of the after-repair value. This way, you can turn a private lender loan into a great deal with cash flow and equity.