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Private Money Goldmine Review (2022): Is It The Key To Real Estate Success?

Last Updated: July 25, 2022
By: Hope
By: Hope
Welcome to my Private Money Goldmine review. My goal is to answer common questions like: how much it costs, if it's a scam, & if you can actually make money with it. The end goal is to help you understand if it's a good fit for you personally, and if there are any better alternatives out there.
Private Money Goldmine Review


This Private Money Goldmine review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

What I Liked

What I Didn't Like

Before we get into it... who am i?

Always good to put a name to a face, so firstly, my name is Hope!

Like you, I was stuck working 8-10 hour days building someone else’s dream.

I worked at one of those cool tech companies that has omelet stations for breakfast & craft beer on tap for after hours.

To a lot of people that’s a dream, but to me… something was missing.

All I really wanted, was to actually enjoy life – more vacations, less stress, buy myself nice things without worrying about the cost… but that was something my 9-5 couldn’t provide me.

That was until a few years ago when I discovered a way to make money online by actually helping real people. 

People in this case were local business owners across the US.

Me and My Puppy

The page above is an example of how I do it. That one-page site generates $1,500/mo and I haven’t even touched it since it was put up.

That’s an $18,000/year raise from just one page.

That’s why local lead generation is my #1 business recommendation for recurring, semi-passive income. If you want to learn about that business model, click here.

Important: I am not an affiliate

for Private Money Goldmine

Why Does That Matter?

A lot of course reviewers have no experience with any of the business models or programs they review, and so they’re just making stuff up.

They do that because they want you to click through their link to buy from the person that the review is about!

They have no clue what it’s actually like to run the type of business Private Money Goldmine is teaching you to do.
I have absolutely no relationship with Private Money Goldmine, so you can rest easy knowing that I’m going to give you my honest opinion
This review is written based on my own experiences with this business model.

All that being said, let’s jump into things.

Private Money Goldmine links investors with private lenders eager to finance their next real estate deal or flip.

This enables investors to save much more than hard money lenders and avoid the inconveniences of typical investor mortgages. In contrast, private lenders may receive a better return on investment than standard investment products.

Private Money Goldmine has enabled hundreds of transactions totaling millions of dollars in profit.

This review will go over Private Money Goldmine to see if it really is the best private money lender out there.

You’ll learn whether real estate investors are the right online business for you.

Alright, so Private Money Goldmine doesn’t exactly fit into a nice category.

At the end of the day, private money lending is a… unique way to think about making money.

It’s certainly possible to make money with off-the-wall businesses like this, but unless you’re interested in taking years out of your life to experiment with an unproven business model, I would look elsewhere.

My #1 personal recommendation if we’re talking about starting a fully-online business has got to be the Lead Generation & Ad Agency business models.

There are a handful of programs that teach you the ropes, but my #1 choice that combines both of those business models into one is the Digital Landlords program

But, if you’re hard pressed to jump head-first into an off-the-wall business model, let’s continue to my full breakdown of Private Money Goldmine.

What Is Private Money Gold Mine?

What Is Private Money Gold Mine

Private Money Goldmine has been discreetly compiling a list of active private lenders in every city in the United States for some years.

If you’re interested in lending private money, they’ve started asking visitors to their real-estate investing website about it. With their approval, Private Money Goldmine receives information on loan conditions, property criteria, and more.

Private Money Gold mine was initially disappointed because most people said they were not interested in lending private money. They simply want to wholesale, rehab, landlord, and so on.

But then they had an epiphany. Private Money Goldmine has discovered a ‘goldmine of private lenders!’ because so many people are saying, “Yes, I’m an investor!” and providing their contact information.

This treasure trove is a list of private lenders that allows you to do more deals than you ever imagined possible. The list includes some vital information. It includes, in addition to the names of each lender, the following information:

  • Their contact information
  • Their email address
  • The interest rate that they intend to charge
  • The amount of money they have available to lend

Not only is the information they collected unique, but so are the people who gathered it. Why? Because most people haven’t yet been spoiled! When potential lenders attend real estate meetings, they eventually learn to lend up to 18%.

Most private lenders on their list have historically not attended those meetings, so they are still willing to lend at much lower rates. Many lenders are offering 6–12 percent interest rates!

Private money lenders are unique in that they raise their hand and say, “Contact me!” So they not only want your call or email but also expect it. In other words, you can relax because you are not making a cold call when you contact them.

If you can get a loan at such a low-interest rate, borrowing from private lenders can revolutionize your investing business.

Private Money Goldmine Mission, Vision, And Core Values

Private Money Goldmine Mission Vision And Core Values

Below is a copy of Private Money Goldmine’s purpose and vision statement. It governs their behaviors, defines their overarching objective, offers direction, and serves as a guide for their decision-making.

“To give access to private money lenders to creative real estate investors so they can save money and grow their business.”

The core values by which they live are listed below. They represent what is truly important to them as a company. These values don’t change over time, from situation to situation or from person to person, but rather serve as the foundation of their company culture.

  • Making use of ethical and truthful business methods.
  • Creating and selling only items that our customers will find helpful.
  • Promoting the well-being and success of the team’s members.
  • Utilizing efficiency while paying close attention to the smallest of details.
  • Getting the best people, developing them, and keeping them.
  • Your commitment to achieving measurable results will guide your business decisions.
  • Willingness to take risks to better our company and its customers’ lives.
  • Optimism and possibility are embraced.

Private Lenders Over Hard Money Lenders

Private Lenders Over Hard Money Lenders

Hard money and real estate loans are no more. Purchase fixer-uppers and rental homes to help you get back into the market. A single transaction may save you hundreds of dollars in real currency. At the end of the transaction, many buyers get cash. Furthermore, until you sell, you will not be charged interest if you utilize private money.

Over the last few years, hard money lenders have tightened their borrower and property requirements. Because of their credit score, many investors cannot obtain a hard money loan. However, most private lenders and third parties have relatively lax lending requirements for a private money loan, making it easier to get private money. Some will lend simply because they like and trust you.

Private Money Lenders vs. Hard Money Lenders

Hard Money VS Private Money Loans

Investing in real estate does not need any unique skills or knowledge. If you’re going to be a financial success, you’ll need to put this piece together.

You need to know the difference between private and hard money loans to get a private loan. There are some parallels between them but also some major distinctions.

Are you at a loss for where to begin?

It’s a big topic, but I’ve outlined the essentials of what you should know.

What Makes Them Different?

Private Money Loans

Private Money Loans

A friend, relative, or neighbor may be a private money lender. Any person who makes financial decisions based on their judgment is one of them. Many individuals locate lenders during networking events and via professional organizations. As a result, these lenders are more likely to accept your offer.

With private money lenders, you have complete control over the terms of your loan. Most don’t have a set of requirements, so your success depends on how you negotiate the terms.

Hard Money Loans

Hard Money Loans

These lenders are authorized to provide loans and are well-established in the lending industry. Short-term, high-interest loans made by hard money lenders are subject to stringent underwriting standards. The terms of the loans, including their lengths, upfront fees, and interest rates, are all established before they are provided.

You know precisely what you’re getting when you use hard money. This can be advantageous because you will have this information from the start and can use it to choose the best lender for you.

How Is The Deal Done?

How Is The Deal Done

Private Money

If you’re unsure where to invest your money after securing the deal, here are some suggestions.

  • Loan proceeds will be put towards the purchase price of the property as well as renovation expenses. There is some leeway in terms of where you want it to go.
  • When you close, your lender will receive both the mortgage and a promissory note. The deed and note serve as collateral for the lender’s investments. This protects them and serves as their insurance policy.
  • The funds will then be used to renovate the property by you, the investor. When the property is finished and on the market, your lender will receive the principal plus the interest payment, and you will receive the balance. On borrowed money, interest rates typically range between 6% and 12%.

Hard Money

Typically, hard money lenders do not fund the entire transaction. They usually fund 70% of the after-repair value (ARV). They prefer deals that take longer and do not have a quick 12-month turnaround.

The lender will establish a payment plan for the completed work. It’s distributed in draws based on the amount of work completed.

Instead of fees, you will be given 3 to 5 points, representing an upfront percentage fee based on the loan. Lenders can reduce the risk they are taking in this manner.

Where It Goes Right

Private money

Private money is generally less expensive than hard money, but this is not always the case. Why is it cheaper in most cases? When you work with a private lender, you eliminate the “middleman,” which allows for better terms for YOU. To make a profit, lenders who use hard money must mark their interest rates and fees to reflect the higher cost of borrowing.

Lenders are also using their bank accounts to receive funds, which reduces the time it takes to receive funds. This is ideal if you have a time-sensitive transaction. A bank loan will not provide you with this level of efficiency.

Another thing to keep in mind is that private money is mainly based on relationships because it’s not from an institution or financial entity– it’s more difficult to find. Private lenders rarely advertise or publicize the fact that they have money to lend.

Hard Money

Because they are in the business of lending, hard money lenders will advertise their services to the general population. As a result, it requires less negotiating skills since the conditions are clear, and lenders are unlikely to compromise much.

If you’re looking for a deal with a high-profit margin, this type of funding is your best option. Because of this, you can feel confident doing business with it.

Looking For Local Private Lenders To Lend On Your Next Deal?

Obtain Contact Information Of Local Private Lenders

Many ways exist to fund real estate deals, but the most common are cash and hard money.

The issue is that most investors don’t have enough cash on hand. Hard money loans are also very costly, often wiping out a dealer’s profit.

But There’s Hope. Enter Option Three—Private Money!

Wealthy individuals provide private money loans. It’s similar to borrowing hard money, except that:

  1. The interest rates are usually much lower.
  2. There are usually few or no fees.
  3. Private lenders are much easier to work with!

For one simple reason, most investors do not use private money. They don’t know a private money lender, so they can’t get their money!

That is, until now! I’ve compiled a comprehensive list of private lenders that is constantly being updated for your convenience. And they’re eager to lend, often at jaw-dropping interest rates.

Are You A Real Estate Investor Looking For A Hard Money Lender To Fund Your Next Deal? STOP! And First, Read This:

For years, real estate investors like you have used hard money loans to purchase an investment property. Why? Because it’s effective. Hard money lenders can frequently fund deals quickly, and they can fund deals that traditional lenders would never approve.

However, there is a catch. It’s pricey! Most hard money lenders charge 16–18% interest and thousands of dollars in upfront fees. When you consider the loan costs, there is no profit left in the deal for you.

Furthermore, hard money lenders have tightened their borrower requirements in recent years, making it nearly impossible to get them to fund your deal!

But Don’t Be Concerned. There IS A Solution.

And the solution to this problem is private money! Private money lenders are wealthy individuals looking to lend money to real estate investors like you in exchange for a return on their investment.

Borrowing their money is significantly less expensive, and the lenders are generally much more pleasant to deal with. Moreover, guess what?

Most private lenders on this list offer loans at 6–12 percent interest rates, and most are unconcerned about your income or credit score. They are only concerned with the fact that your transaction is legitimate.

In addition to California, Florida, New Jersey, New York, Arizona, Texas, and Georgia, you’ll find lenders in all 50 states.

Avoid the hassles and fees associated with borrowing large amounts of money.

Are you looking for the best match for your funding requirements? Private Money Goldmine enables you to search for interest rates and lending terms appropriate for your particular transactions.

How Can I Contact Private Money Goldmine?

Private Money Goldmine currently provides support to members only. Please visit their FAQ page for answers to common questions.

  • Phone: (877) 870-8920.
  • Address: Private Money Goldmine –, 1302 Waugh Drive, #762, Houston, TX 77019
  • Facebook Account: n/a

Can I Make Money With Private Money Goldmine?

Yes, you can!


There’s a lot that comes along with private money lenders that many people struggle with.

Now, don’t get the wrong idea…

It’s not impossible to make money with private money lenders, but if you’re gonna put in the amount of grueling work to do this business (which, trust me, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.

The program that helped skyrocket many online businesses to over $40,000+ per month is so simple that making money really does become second nature.

Alternatives To Private Money Goldmine?


Yes, there are plenty of other business models to choose from if you want to pursue making money in 2022. Here are just a few:

Is Private Money Goldmine A Scam?

Is It A Scam

Time for the $1,000,000 question: is Private Money Goldmine actually a scam?

I wouldn’t technically call it a scam, though others might.

It’s technically possible to make money with this program, so in that sense, it isn’t a scam.

No one is riding off into the sunset with your money, leaving you empty-handed… technically speaking.

But the second, more important question is: is Private Money Goldmine actually worth the investment?

My honest answer is that for most people out there, probably not.

There are countless other business models that are proven & easily scalable, so why risk it for… not an incredibly huge payoff?

I’d rather have a program with thousands of successful students & plenty of room for others to join.

If you’ve followed my blog for long, you know I recommend a few different programs depending on your skills & goals.

My current top choice is becoming a Digital Landlord, because you have a proven, systematic path to 6-figures, and you can do it from anywhere you want.

I’ve got friends in there posting deals from the middle of the woods in a camper-van with their pet pig… which is kind of cool.

What Is My Top Recommendation For Making Money Online In 2022?

Make Real Money Online With Digital Landlord

Alright, time for me to get real with my lovely readers for a moment:

I’ve personally tried all of the major online business models:

  • I’ve sold fidget spinners through Amazon FBA
  • I’ve dropshipped a toilet bowl putting green on Shopify
  • I’ve sold women’s health supplements via Clickbank affiliate marketing

And I made money with all of them, so trust me when I say: there is no “perfect” business model.

THAT BEING SAID: I would at least recommend you implement something that is tried and true, because I’ve seen TOO MANY people (including friends and family) get burned by stuff like Private Money Goldmine.

They come out of left field with some random idea, make it seem attractive, and then make themselves a quick buck by luring in unsuspecting people.

I’m not saying Private Money Goldmine itself is a piece of trash, I’m just saying you need to be very, very careful.

This is a big reason why I only recommend proven, tried, and true business models, like Lead Generation & Ad Agencies.

There are a bunch of programs out there that teach you those skills, but my top choice is the Digital Landlords program.

Why? It has proven leaders with their own 7-figure businesses implementing exactly what they teach you.

I’ve also got over a dozen personal friends in there, so I feel comfortable telling you it works.

Whether you’re a complete newbie or you’ve been around the block before but have never had that “big win” to propel you forward, their program works.

Here’s why:

1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.

And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring (for the most part).

That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.

But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.

2)Big Margins: With most businesses, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money.

Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.

Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.

Best-case scenario, you have properties bringing in over $3,000+/mo on “auto-pilot.”

3)It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…

If you wanted to double your income with private money lending, you would need to exert time and effort. And I can guarantee you that’s a lot harder than a few clicks & a phone call.

4)You’re Helping REAL People: My biggest gripe with private money lending is that you’re basically only helping yourself.

But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:

Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.

You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.

Having this type of impact on the world is what will help you sleep soundly at night.

So, the rest is up to you. You could keep looking at other off-the-wall business models like private money lending and maybe hit it big one day.

You could keep researching and researching for the next few months (or few years), never making a concrete decision.

OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.

Making a fortune while actually helping real people that need it.

If this sounds like you, click here to see how it all works.

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