When it comes to funding your self storage unit, there are many questions about finding and obtaining private lenders. However, it’s important to realize that, just like using a bank loan, private monies are a viable and effective method to fund your self storage facility. In fact, oftentimes it’s even more beneficial. Private lending can offer lower interest rates, and many buyers will be looking for safer, higher-yield investments – a positive deal all around.
In today’s video, I outline some of the basics of private lending, including where to find interested buyers, and how to get started in the investing process. Check out below to learn more.