Bank vs Hard Money
Banks focus heavily on the borrower—but in hard money lending, we focus on the real estate collateral first.
In this short, I explain how I approach vetting hard money borrowers while still protecting my downside with low loan-to-value deals. Whether you're in hard money real estate, private money lending, or building a real estate lending business, this is a key mindset shift.
#hardmoney #privatemoney #realestatelending #realestateinvesting #hardmoneylending #privatemoneylending
6 Factors For Vetting Hard Money Borrowers
In this video, I break down the 6 key factors I use for vetting hard money borrowers in my hard money lending business, from responsiveness and experience to capital reserves and character.
As a lender active in Oklahoma real estate and Texas real estate, I share how I evaluate deals in both hard money real estate and private money real estate to protect downside risk.
If you're building a private money lending business or learning how to start a real estate private money business, this gives you a practical framework for smarter lending. Whether you're a hard money partner or lending private money in Oklahoma or private money in Texas, these principles will help you make better decisions in your lending business.
00:00 Vetting Hard Money Borrowers
00:56 Factor 1
01:53 Factor 2
02:22 Factor 3
03:09 Factor 4
04:08 Factor 5
05:13 Factor 6
06:29 Non-Negotiables
07:16 Gray Area
08:12 Mitigating Risk
About Rodney Miller:
Rodney started his career in real estate investing in 2003. Since that time he’s been a principal in over 300 real estate investment transactions. Rodney started casually loaning money to other investors around 2005. In 2020 Rodney decided to go all in on private lending and started Hard Money Partner LLC. He currently has about $4mm in loans with about 10 hours a week of time invested in the private lending business. Rodney has been married for 23 years and has 3 awesome kids and 3 dogs. Rodney lives and operates HMP out of his office in Oklahoma City. HMP’s service area is Oklahoma, and north Texas, more specifically, the Dallas/Ft Worth Metroplex.
Borrower Resources:
Apply for a loan
https://tinyurl.com/HMP-Loan-App
Guaranteed loan report
https://tinyurl.com/Get-A-Loan-Guide
How to flip a house report
https://tinyurl.com/House-Flipping-Report
Investor Resources:
How to invest with Hard Money Partner
https://tinyurl.com/Invest-with-HMP
A Beginners Guide to Private Lending- By Rodney Miller
https://tinyurl.com/Private-lending-book
Rodney is available for consultation on all things hard money lending, whether it be borrowing, Investing, or starting a lending business.
Book a call with Rodney to discuss the lending business:
https://api.leadconnectorhq.com/widget/bookings/talk-to-rodney
YouTube Url: https://youtu.be/zc6xQamhSKo
Join us on:
Facebook
https://www.facebook.com/hardmoneypartner
Instagram
https://www.instagram.com/hard.money.partner/
Linkedin
https://www.linkedin.com/in/rodneymiller/
Twitter
https://twitter.com/RodneyHMP
TikTok
https://www.tiktok.com/@hardmoneypartner?lang=en
Video hashtags:
#hardmoneylender #hardmoneylending #privatemoney
Lost Payee Insurance
This deal looked like a no-brainer… until we got the call.
A nearly completed $1M house, $400K loaned, strong equity—and then it burned to the ground. Total loss. In this short, I break down how quickly a solid hard money deal can turn into a worst-case scenario.
#RealEstate #HardMoneyLending #PrivateMoney #RealEstateInvesting #LoanGoneWrong #OklahomaRealEstate #TexasRealEstate #FixAndFlip
Officer’s Errors & Omissions Insurance Policy
One mistake can cost you everything if you’re not protected.
In this short, I talk about why I added an officer’s errors and omissions insurance policy to my lending business—and why I think every business owner should have one. It’s not just about covering mistakes, it’s about protecting yourself from legal costs if something goes wrong.
#RealEstate #HardMoneyLending #PrivateMoney #BusinessTips #RiskManagement #Entrepreneurship #RealEstateInvesting
House Burned Down
A deal we felt great about turned into a total nightmare overnight… the house burned down to the ground.
In this short, I break down a real hard money lending deal where we loaned $400,000 on a nearly completed $1M property—only for it to become a total loss. This is a quick look at how fast things can go wrong in real estate lending.
#RealEstate #HardMoneyLending #PrivateMoney #RealEstateInvesting #LoanGoneWrong #OklahomaRealEstate #TexasRealEstate
Real Estate Loan Gone Wrong! How I Almost Lost $1 Million Lending Private Money
I’m breaking down a real estate loan gone wrong—how I almost lost $1 million lending private money on what looked like a safe, low-risk deal. In this video, I walk through the full story as a hard money lender, the mistakes I made, and how a nearly completed property in Oklahoma turned into a total loss overnight. This is a real-world example of real estate lending, private money lending, and hard money lending where everything seemed solid… until it wasn’t.
If you’re involved in real estate, real estate private money lending, or real estate hard money lending, this is something you need to understand. I cover key lessons around insurance, risk management, and systems that every lender should have in place—especially if you’re lending private money for real estate or doing hard money for real estate in markets like Oklahoma and Texas. Whether you're in money lending in Oklahoma, money lending in Texas, or just getting started with private money Oklahoma or private money Texas, this one can save you from a costly mistake.
About Rodney Miller:
Rodney started his career in real estate investing in 2003. Since that time he’s been a principal in over 300 real estate investment transactions. Rodney started casually loaning money to other investors around 2005. In 2020 Rodney decided to go all in on private lending and started Hard Money Partner LLC. He currently has about $4mm in loans with about 10 hours a week of time invested in the private lending business. Rodney has been married for 23 years and has 3 awesome kids and 3 dogs. Rodney lives and operates HMP out of his office in Oklahoma City. HMP’s service area is Oklahoma, and north Texas, more specifically, the Dallas/Ft Worth Metroplex.
Borrower Resources:
Apply for a loan
https://tinyurl.com/HMP-Loan-App
Guaranteed loan report
https://tinyurl.com/Get-A-Loan-Guide
How to flip a house report
https://tinyurl.com/House-Flipping-Report
Investor Resources:
How to invest with Hard Money Partner
https://tinyurl.com/Invest-with-HMP
A Beginners Guide to Private Lending- By Rodney Miller
https://tinyurl.com/Private-lending-book
Rodney is available for consultation on all things hard money lending, whether it be borrowing, Investing, or starting a lending business.
Book a call with Rodney to discuss the lending business:
https://api.leadconnectorhq.com/widget/bookings/talk-to-rodney
YouTube Url: https://youtu.be/6NmeKBk1iVQ
Join us on:
Facebook
https://www.facebook.com/hardmoneypartner
Instagram
https://www.instagram.com/hard.money.partner/
Linkedin
https://www.linkedin.com/in/rodneymiller/
Twitter
https://twitter.com/RodneyHMP
TikTok
https://www.tiktok.com/@hardmoneypartner?lang=en
Video hashtags:
#hardmoneylender #hardmoneylending #privatemoney
Underwriting Similarities
Is underwriting really different between real estate investing and hard money lending?
Not as much as you think.
If you’ve analyzed deals as a real estate investor—looking at purchase price, rehab costs, and after repair value—you already understand the fundamentals of underwriting.
The difference?
As a lender, you're deciding how much to loan instead of how much to offer—but the goal is the same: protect your downside and ensure a profitable deal.
In this short, we break down the key similarities and how your existing skills transfer directly into lending.
Selling Real Estate Investors
Why is it easier to raise money as a hard money lender than a real estate investor?
It comes down to one thing: cash flow.
When you’re raising money for fix-and-flips or rentals, investors often have to wait to see a return. But in hard money lending, investors can start receiving consistent monthly payments almost immediately.
In this short, we break down the key difference between raising capital for real estate deals vs. lending—and why many investors find lending opportunities much more attractive.
If you want to scale in real estate, learning how to raise capital the right way is essential.
Real Estate Investor to Hard Money Lender
Are you a real estate investor thinking about becoming a hard money lender?
You’re not alone. Most successful hard money lenders start exactly where you are—on the investing side. The transition is more natural than you think, and if you already understand real estate, you’re ahead of the game.
In this short, we break down why making the move from investor to lender makes sense—and why so many people never take that step.
If you’ve ever considered getting into the lending side of the business, this is where it starts.
