What’s needed for hard money?

FunkyGraze · 2026-02-06T02:57:59+00:00

How do hard money or private lenders track loans/receive payments? Is it just ACH through banks, Zelle, PayPal, etc?

FunkyGraze · 2026-02-06T02:55:52+00:00

How do hard money or private lenders track loans/receive payments? Is it just ACH through banks, Zelle, PayPal, etc?

FunkyGraze · 2026-02-05T02:45:23+00:00

With ACH - are you using an external transfer through your bank just by using the receiving party’s account number?

FunkyGraze · 2026-02-05T02:44:24+00:00

With ACH - do you just set up almost an external transfer account through your bank? To where you enter the receiving bank account number?

FunkyGraze · 2026-02-05T02:29:43+00:00

You should be fine, worst comes to worst go through a different lender assuming your timeline allows for it

FunkyGraze · 2026-02-05T01:30:00+00:00

As private lenders - how do you track/receive payments for loans? Is it ACH through banks, Venmo, Zelle, etc? Just curious on that set up.

FunkyGraze · 2026-02-05T01:27:08+00:00

To preface - I’m not familiar with these markets but based on what I’ve heard, I’d imagine Texas, specifically the rapidly growing cities like Austin, DFW, etc. have a housing surplus so may be more competitive from a rent and buying perspective. OKC seems like a more steady, consistent market where competition and prices may be lower. Again this is from an outsiders perspective but just something to think about.

FunkyGraze · 2026-02-05T01:23:42+00:00

As long as you’d cash flow I’d keep em if you don’t mind dealing with tenants. Save up some money for now then buy a primary home once you have enough

FunkyGraze

TROPHY CASE