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Updated over 9 years ago on .

Aleks Gifford's profile image
Aleks Gifford's profile image
Aleks Gifford
  • Lender
  • from Indianapolis, IN
  • Member since Jul 30, 2015
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User Stats

107
Posts
36
Votes
Aleks Gifford's profile image
Aleks Gifford's profile image
Aleks Gifford
  • Lender
  • from Indianapolis, IN
  • Member since Jul 30, 2015
Connect
Aleks Gifford
  • Lender
  • Indianapolis, IN
36
Votes |
107
Posts
Starting Out

Investing in a Hard Money Lender

Aleks Gifford
  • Lender
  • Indianapolis, IN
Posted

So I am in Indiana and have several grand moving to a custodial self directed roth ira in a few weeks. Excepting for tax sales not much you can do with that. I thought why not invest it in a hard money lender and make a return until it grows to a useable amount. I want to stay local.

Thoughts?

Legalities?

How do you vet a hard money lender?

What ROI should I expect?

Better alternatives?

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