WIIRE 229: Private Money Lending Gone Wrong: Horror Stories, Due Diligence, and Getting Your Money Back

Podcast: Women Invest in Real Estate · Amelia McGee & Grace Gudenkauf

Opublikowano: 2026-05-04

This week, we sit down with investor Kasey Hilgers and unpack the dark side of private money lending. We walk through how Kasey’s very first deal—a $30K second-position lien on a nearly finished flip—went sideways when the borrower failed to refinance and her money was stuck for years. We talk about: Why second-position liens are so much riskier and what it means when the first-position lender can wipe us out How scaling too fast, sloppy bookkeeping, and “robbing Peter to pay Paul” put our capital at risk as private lenders The creative strategy we used with a DSCR...