Jan 15 ā¢ General discussion
š Private Money Lending Vocabulary (Start Here)
Understanding private money lending starts with speaking the same language.
This vocabulary list breaks down the most important terms youāll see when evaluating deals, reviewing paperwork, and talking with borrowers ā explained in plain English, not legal jargon.
Inside this vocabulary list youāll learn:
ā¢ Core private money lending terms
ā¢ Deal math terminology (LTV, ARV, per diem, etc.)
ā¢ Paperwork language every lender must understandā¢ Rehab & draw-related terms
ā¢ Exit and payoff terminology
š Why this matters:Many lenders get confused or misled simply because they donāt fully understand the terminology being used. Clarity = confidence, and confidence leads to better lending decisions.
š Action Step:Review the vocabulary list before moving on to deal breakdowns. Bookmark it and come back to it often ā this is a reference youāll use repeatedly.
This is a foundational resource inside Skool and will make every future lesson easier to understand.
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š Private Money Lending Vocabulary (Start Here)
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Interested in becoming a Private Money lender? This group teaches the math, paperwork, and fundamentals of real estate lending.
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