||Private Lender - Process
Earn Great Returns with Private Money Lending in Real Estate / Real Estate Investing Made Easy
Private Lending Process
Step One: Great Northern locates and approves
an investment property.
Step Two: Great Northern offers a Private
Note to cover acquisition and remodeling costs, not to
exceed 75% of the property's ARV (after repaired value).
Step Three: Great Northern buys the property
and begins the remodeling process using funds from the
Step Four: Once the remodeling is completed,
Great Northern sells the property to the end buyer or,
in case Great Northern decides to keep the property, refinance
the property and pays off the Private Lender.
Step Five: The Private Lender receives
100% of his/her invested capital back, plus interest as
Step Six: If the Private Lender would
like to buy the rehabbed property, the property is transferred
to a holding entity for asset protection and is managed
by Great Northern or the management company indicated by
the Private Lender for cash flow and long term equity appreciation.
NYS BANKING DEPARTMENT DOES NOT LICENSE ORIGINATION OF LOANS FROM PRIVATE LENDERS