Private Money Goldmine

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By: Scam Risk - Expert Reviewer

Private Money Goldmine Reviews 2021: Is It Legit?

Private Money Goldmine connects investors with private lenders looking to fund their next flip or real estate transaction.

This allows investors to save significantly more than hard money lenders and avoid the hassles of most investor mortgages while allowing private lenders to earn a higher return on investment than traditional investment instruments.

Private Money Goldmine has enabled hundreds of transactions totaling millions of dollars in profit.

This review will go over Private Money Goldmine to see if it really is the best private money lender out there.

You’ll learn whether real estate investors are the right online business for you.

And at the end, you’ll find answers to some of the most frequently asked questions regarding Private Money Goldmine and Private Money Lenders in general.

But most importantly, you’ll see the exact system many others have used to build their own internet marketing business to over $40,000 a month in mostly passive income.

This system made them swear off Private money lending for good because it uses some of the same skills but in a much more powerful and profitable way!

Table of Contents

What is Private Money Gold Mine

Every city in the United States has a list of active private lenders that Private Money Goldmine has quietly compiled for several years.

They have been asking visitors to their real estate investing website if they want to lend private money. And if they say yes, Private Money Goldmine gets a wealth of information about their loan terms, property requirements, and other details.

Private Money Gold mine was initially disappointed because most people said they were not interested in lending private money. They simply want to wholesale, rehab, landlord, and so on.

But then they had an epiphany. Private Money Goldmine has discovered a ‘goldmine of private lenders!’ because so many people are saying, “Yes, I’m an investor!” and providing their contact information.

This treasure trove is a list of private lenders that gives you the ability to do more deals than you ever imagined possible. The list includes some vital information. It includes, in addition to the names of each lender, the following information:

  • Their contact information
  • Their email address
  • The interest rate that they intend to charge
  • The amount of money they have available to lend

Not only is the information they collected unique, but so are the people who gathered it. Why? Because most people haven’t yet been spoiled! When potential lenders attend real estate meetings, they eventually learn to lend up to 18%.

Most private lenders on their list have historically not attended those meetings, so they are still willing to lend at much lower rates. Many lenders are offering 6–12 percent interest rates!

Private money lenders are unique in that they raised their hand and said, “Contact me!” So they not only want your call or email, but they also expect it. In other words, you can relax because you are not making a cold call when you contact them.

If you can get a loan at such a low-interest rate, borrowing from private lenders can revolutionize your investing business.

Private Money Goldmine Mission, Vision and Core Values

Private Money Goldmine’s mission/vision statement is provided below. It directs their actions, defines their overall goal, provides direction, and guides their decision-making.

“To give access to private money lenders to creative real estate investors so they can save money and grow their business.”

The core values by which they live are listed below. They represent what is truly important to them as a company. These values do not change over time, from situation to situation or from person to person, but rather serve as the foundation of their company culture.

  • Making use of ethical and truthful business methods.
  • Creating and selling only items that our customers will find helpful.
  • promoting the well-being and success of the team’s members
  • Utilizing efficiency while paying close attention to the smallest of details.
  • Getting the best people, developing them, and keeping them.
  • Our business decisions will be guided by our commitment to achieving measurable results.
  • Willingness to take risks to better our company and its customers’ lives.
  • Optimism and possibility are embraced.

Private Lenders over Hard Money Lenders

Goodbye, real estate mortgage lenders and hard money lenders. Re-enter the market by purchasing fixer-uppers and rental properties. Over hard money, you can save thousands of dollars per transaction. When you buy, you frequently receive cash at closing. Furthermore, if you use private money, you will continually pay no interest until you sell!

Over the last few years, hard money lenders have tightened their borrower and property requirements. Because of their credit score, many investors are unable to obtain a hard money loan. However, most private lenders and third parties have relatively lax lending requirements for a private money loan, making it easier to get private money. Some will lend simply because they like and trust you.

Private Money Lenders vs. Hard Money Lenders

Being a real estate investor does not require any special abilities. Another jigsaw puzzle piece you’ll have to put together if you want to be a funding success.

You must understand the differences between private money loans and hard money loans. They share some similarities, but they also have some significant differences.

Are you at a loss for where to begin?

It’s a big topic, but we’ve outlined the essentials of what you should know.

What makes them different?

Private Money Loans

A private money lender can be anyone, including a friend, family member, or neighbor. They are any individual who invests money. Many people find lenders at networking events and through associations. These lenders are more likely to be willing to work with you on a deal.

With private money lenders, you have complete control over the terms of your loan. Most don’t have a set of requirements, so your success depends on how you negotiate the terms.

Hard Money Loans

Hard money lenders are money lenders who are organized and regulated, and they are usually licensed to lend money. Hard money lenders make short-term, high-interest loans with strict lending criteria. The loans have predetermined durations, upfront points, and interest rates known before the loan is issued.

You know precisely what you’re getting when you use hard money. This can be advantageous because you will have this information from the start and will be able to use it to choose the best lender for you.

How is the deal done?

Private Money

If you’re unsure where to invest your money after securing the deal, here are some suggestions.

  • Loan proceeds will be put towards the purchase price of the property as well as renovation expenses. There is some leeway in terms of where you want it to go.
  • When you close, your lender will receive both the mortgage and a promissory note. The deed and note serve as collateral for the lender’s investments. This protects them and serves as their insurance policy.
  • The funds will then be used to renovate the property by you, the investor. When the property is finished, and on the market, your lender will receive the principal plus the interest payment, and you will receive the balance. On borrowed money, interest rates typically range between 6% and 12%.

Hard Money

Typically, hard money lenders do not fund the entire transaction. They usually fund 70% of the after-repair value (ARV). They prefer deals that take longer and do not have a quick 12-month turnaround.

The lender will establish a payment plan for the completed work. It is distributed in draws based on the amount of work completed.

Instead of fees, you will be given 3 to 5 points, representing an upfront percentage fee based on the loan. Lenders can reduce the risk they are taking in this manner.

Where It Goes Right

Private money

Private money is generally less expensive than hard money, but this is not always the case. Why is it cheaper in most cases? When you work with a private lender, you eliminate the “middleman,” which allows for better terms for YOU. To make a profit, lenders who use hard money must mark up their interest rates and fees to reflect the higher cost of borrowing.

Lenders are also using their personal bank accounts to receive funds, which reduces the time it takes to receive funds. This is ideal if you have a time-sensitive transaction. A bank loan will not provide you with this level of efficiency.

Another thing to keep in mind is that private money is mainly based on relationships because it is not from an institution or financial entity– it is more difficult to find. Private lenders rarely advertise or publicize the fact that they have money to lend.

Hard Money

Because they are in the lending business, hard money lenders will publicize their names. It also necessitates fewer negotiation skills because the terms are straightforward, and lenders are unwilling to budge much.

If you’re looking for a deal with a high-profit margin, this type of funding is your best option. Because of this, you can feel confident doing business with it.

Looking for local private lenders to lend on your next deal? Obtain their contact information, including phone numbers and email addresses.

Many ways exist to fund real estate deals, but the most common are cash and hard money.

The issue is that most investors don’t have enough cash on hand. Hard money loans are also very costly, often wiping out a deal’s profit.

But there's hope. Enter option three—private money!

Private money loans are provided by wealthy individuals. It’s similar to borrowing hard money, except that:

  1. The interest rates are usually much lower.
  2. There are usually few or no fees.
  3. Private lenders are much easier to work with!

For one simple reason, most investors do not use private money. They don’t know a private money lender, so they can’t get their money!

That is, until now! We’ve compiled a comprehensive list of private lenders that is constantly being updated for your convenience. And they’re eager to lend, often at jaw-dropping interest rates.

Are you a real estate investor looking for a hard money lender to fund your next deal? STOP! And first, read this:

For years, real estate investors like you have used hard money loans to purchase an investment property. Why? Because it is effective. Hard money lenders can frequently fund deals quickly, and they can fund deals that traditional lenders would never approve.

However, there is a catch. It’s exorbitantly priced! Most hard money lenders charge 16–18% interest and thousands of dollars in upfront fees. When you take into account the loan costs, there is no profit left in the deal for you.

Furthermore, hard money lenders have tightened their borrower requirements in recent years, making it nearly impossible to get them to fund your deal!

But don't be concerned. There IS a solution.

And the solution to this problem is private money! Private money lenders are wealthy individuals looking to lend money to real estate investors like you in exchange for a return on their investment.

Borrowing their money is significantly less expensive, and the lenders themselves are generally much more pleasant to deal with. Moreover, guess what?

Most private lenders on this list offer loans at 6–12 percent interest rates, and most are unconcerned about your income or credit score. They are only concerned with the fact that your transaction is legitimate.

In addition to California (CA), Florida (FL), New Jersey (NJ), New York (NY), Arizona (AZ), Texas (TX), and Georgia, you’ll find lenders in all 50 states (GA)

Avoid the hassles and fees associated with borrowing large amounts of money.

Are you looking for the best match for your funding requirements? Private Money Goldmine enables you to search for interest rates and lending terms appropriate for your particular transactions.

How Can I Contact Private Money Goldmine?

Private Money Goldmine currently provides support to members only. Please visit their FAQ page for answers to common questions.

  • Phone: (877) 870-8920. 
  • Address: Private Money Goldmine –, 1302 Waugh Drive, #762, Houston, TX 77019
  • Facebook Account: n/a

Is Private Money Goldmine Legit?

Yes, Private Money Gold is legitimate. They are under REI Network LP. they are Better Business Bureau (BBB) accredited with an A+ rating. However, in some reviews, they have some negative customer satisfaction in the BBB comment section.

But, when it comes to building a business, you have plenty of options.

Can I Make Money with Private Money Goldmine?

Yes, You can!


There’s a lot that comes along with private money lenders that many people struggle with.

Now, don’t get the wrong idea…

It’s not impossible to make money with private money lenders, but if you’re gonna put in the amount of grueling work to do this business (which, trust us, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.

The program that helped skyrocket many online businesses to over $40,000+ per month is so simple that making money really does become second nature.

What Is Our Top Recommendation For Making Money Online In 2021?

Our review team has come across a program in the real estate industry that is next level!

Although it’s not real estate in the traditional sense, it’s all digital.

Yup, Digital Real Estate!

With digital real estate, you have the opportunity to completely walk away from your 9-5 job!

Sound too good to be true?

Of course it does!

But it isn’t… in fact, business owners wish they had this skill!

What exactly is the skill?

Well, basically you are acting as a conduit for small business to increase their bottom line.

What we mean is…

You are helping these businesses grow!

But how?

All you have to do is build and rank a website and forward certain jobs off to a business owner in town, you could even email it to them!

This works for literally any service based business… i.e.: tree service, plumbing, towing, etc. 

How do you get paid and how much?

Simple, after you forward the jobs off to a business owner and he makes closes the deal, you simply ask to agree to a WIN-WIN arrangement.

A fair price to charge per lead, depending on the industry is 10-20%… let’s just use the tree service industry for example and go by worst case scenario.

Let’s say you build and rank the site and only 20 jobs a month come in. The average tree service job is anywhere from $500-$2000!

That means at bare minimum you have an asset worth $1000 a month!

See why they call it digital real estate now? That’s a rent payment. 

The great thing is how easy it is to scale. You don’t have to answer the phone…all you have to do is get the phone to ring.

Truly passive income!

The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.

You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.

Once the training program is completed you will also have access to a Facebook group where you can ask questions and be in a community with others on the same journey as you.

Digital real estate allows you to have passive income with most of your day being spent OUT of the brick and mortar landscape.

Now, we know you probably have tons of questions… 

So, check this out to learn more.

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