Private Lending

Private Lending

Are you one of the lucky ones who still have liquid funds to invest after the market crash?

What kind of returns are you getting on your retirement funds? .5%, 1.6% or maybe even 2%? It is shocking, but a high percentage of the American population is still earning well under 2% returns on their investments. With inflation at 6% and higher, your savings are disappearing fast. But investing in brick and mortar real estate means maintenance headaches, tenant troubles, and unexpected losses. We have a better idea. After decades of successful real estate investing in commercial and residential properties, we have moved to the crisper and cleaner world of owning paper. Properly secured by real estate, owning paper gives you high returns and low risk. That is how the banks make their money.
Now its your turn to learn about this closely guarded secret. As private lenders and joint venture partners, we have cracked the code on how to be the bank. We do not like risk, and our investment criteria are even stricter than those of most institutional lenders. Most people have an IRA or a 401K sitting around losing money in the stock market or mutual fund. You are asked to hand it all over to some brokerage, financial advisor and/or company managers who are sometimes half your age. You have no clue what they are doing with your money or how well they are managing the company. Once you find out things have gone bad for some unexpected reason, it is usually too late. All you can do is stare at your statement and wonder why you lost the precious money meant for your retirement. Now that\'s risk!
We prefer investments secured by real estate, that means holding the promissory note, secured by a mortgage or deed of trust. Houses and apartments serve a purpose, everyone needs one. And if something goes wrong and we do not get paid as agreed, we do not get those distressing minus signs on our retirement statements. Instead we end up getting a house, apartment or commercial building. And as long as there is a good cushion, called loan-to-value (LTV) we are protected. Meaning we can sell the house quickly for much less than we are owed and still come out ahead. Sometimes (actually quite often) we make a better return when the mortgage is NOT paid than if it IS paid. So the risk is low. We work with the best self directed IRA custodial companies and the best attorneys who specialize in setting up self directed 401Ks. With the right education and the right timing, your profits from investing can even grow tax free.

  • Help is just a phone call away, so don\'t try to go it alone. For those times when you just need some good, real world advice about your financial matters from someone who has been there, done that, and understands what to do. We can talk a little or a lot, whatever you think is best. 

Joint Ventures

Peggy Palms

For qualified investors more experienced in real estate investing or Private Lending clients who have been with us a while and are ready to move a bit more of their portfolio into our programs, we have avenues for even greater potential. Select qualified investors with larger sums may partner with us on some of our most lucrative opportunities. With more funds, we invest in higher end residential, multifamily and commercial properties. These partnerships result in higher returns for you with the same low risk as our Private Lending Program.
Our unique sources for finding the best real estate opportunities come from our network of professionals, our knowledge of national markets, techniques for locating and problem solving for motivated sellers, and our legal and debt settlement experience. To compliment our projects, we have the best sources for institutional and government sponsored lending and grants.
We have a number of proven exit strategies for our real estate investments. In this market, buy and hold renting or lease optioning residential or commercial properties to generate high return on investment cash flow often makes sense. Some properties are best for major or minor remodeling and retailing, while others work best as rental properties (vacation homes in some markets) which adds value by increasing property income potential.

What Customers Are Saying....

I had honestly given up any hope of working things out with my mortgage company. For over a year I tried to find a way to avoid foreclosure, but the bank kept changing their agreements and otherwise refusing to work with me. I could not even find a Realtor able to help. Purely by accident my father met Peggy and she offered to help. Peggy Palms and her team worked hard for many months to get my house closed on a short sale. She managed to avoid a foreclosure and get me a huge cash settlement from the bank. I am thrilled with the way things worked out!

- Glenda B. West Baden Springs, Indiana

Words cannot express how grateful I am to Peggy Palms and her staff for helping me through a difficult situation. I got caught in the housing crash after buying investment real estate with some partners. When things went bust, Peggy unwound the big mess for me with the bank, got my partners out of the deal, and saved me from a foreclosure on my credit. I was continually impressed with Peggys tenacity and ability to stay focused on the solution after many months of roadblocks and legal challenges. She is ABSOLUTELY amazing

- Don C, Bald Guy Coffee, Blowing Rock NC

The best way to describe Peggy and the team at Mountain Realty is as a Godsend. My wife and I had to leave the Watauga community for Florida and were unable to sale our home with another Realtor. The housing market went down, and I had to take a large pay cut due to the economy. Someone recommended Peggy to us. She went beyond any Realtor I have ever met. During this time, I found out I had cancer. It was such an emotional hardship with everything else. When I advised Peggy of my condition, she told me not to worry about the house because she would take care of it, and she did. I would recommend Peggy to everyone that is looking for property in the high country

- Chuck & Karen E.Tampa Florida

We were going through a nightmare after a Realtor misrepresented the condition when we bought our house. We saw no way out, but Peggy Palms and her staff handled the matter so professionally and held our hand every step of the way. We got our house sold quickly but were concerned about owing a deficiency. Peggy managed to get that removed, so we are now thrilled to be totally free from that debt. I dont think there is any way we could have gotten through this without them, especially Jennifer. They saved our family and allowed us to get back on our feet in record time.

- D. G. Commercial Banker, Asheville, North Carolina

Peggy Palms was a joy and wonderful to work with in selling my home. Being presently located in another state and having to go through the short sale process was a very scary thought. But Peggy made the long process painless and her attention to detail was flawless. Her knowledge of the area is apparent helping know who to contact in the area to get the next steps done. In addition her knowledge of how to navigate through the system of two lending banks took a lot of stress off of my shoulders. I would highly recommend Peggy for any of your real estate needs!!! She is the best in the business in my humble opinion. I consider myself lucky that I have made a new friend in the process as well.

- Kimberly S. Raleigh, North Carolina