Private Lender Playbook: How to Passively Invest in Real Estate as a Private Mortgage Lender

By: Brant Phillips

Narrated by: Randy Hames

Investment opportunities with attractive rates of return in a secure investment vehicle are extremely rare and difficult to find. But what if I told you that you can invest passively in real estate and earn predictable 'mailbox money' each and every month? This audiobook will take you step-by-step into a little-known area of investing: Private Mortgage Lending.

Financing options available to investors who want to purchase and renovate real estate can be limited. Traditional mortgage lenders are reluctant to loan money for properties requiring extensive remodeling or repairs. As a result, the market for private money lenders has grown closing the gap in funding that traditional lenders weren't filling.

Discover how to passively invest in real estate as a private mortgage lender.

In the Private Lender Playbook, you will learn:

• How to 'Think Like the Bank'
• Why you no longer have to rely on 401(k)'s or gamble in the stock market
• How to determine your ideal investment type
• A system to analyze and qualify borrowers
• How to analyze potential deals
• Guidelines to determine your interest rate and fees
• Ways to overcome the typical myths, misconceptions, and pitfalls
• How to build your team
• The proper loan documentation and how to secure your investment
• How to lend from your self-directed IRA
• And much, much more

©2018 Brant Phillips (P)2018 Randy Hames

We don't do review often

One of the best book -- getting to the point every chapter, covering all aspects of PML. We are at the stage that diversification is needed in our current real estate investment in buy & hold rentals. Our hope is to have another stream of passive income from high yield interests as private lender and yet doing it with low risk as possible. We did our initial research on YouTube (e.g. Lazy Girl REI) and BiggerPockets to build up the initial knowledge, and then complete our education on this subject by reading a solid book. Wow, this book did it! We are ready to take action soon!

Excellent

I learned so much from this book as a first time private lender. I knew about promissory notes but had no clue about so many of the other things.
Thank you for writing this book

Joyce

Great education & advice

Looking forward to taking this education & advice to fruition. Greatly appreciate every chapter to put myself in the right position.