Wednesday, April 25, 2007

Private Mortgage Investing: Use Your Money as a Bridge

Private mortgage investors provide private money as a bridge. This private money is used when a traditional loan won't work for one reason or another. Therefore, private money is typically a short term solution. This means that private mortgage investors typically lend their money for 1 to 6 years.

Private money can be used not only for single family homes, but for commercial retail, restaurants, hotels/motels, marinas, elder care facilities, industrial, agricultural, raw land, land development, construction, rehab, multi-family, and manufactured homes.

To learn more about private mortgage investing, buy Private Mortgage Investing by Teri B. Clark.

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