Getting started with private money lending

[Nicholas Z.]

Hi everyone,

After several false starts in my real estate investing journey, I feel like I’m finally educated enough to give it another try.

Due to my current situation (dealing with health issues and primary source of income being disability), I don’t have the energy to do a lot of the legwork necessary to succeed in buying/evaluating/managing properties nor the income for (more) conventional loans.

I do, however, have access to capital thanks to managing my money well before my health changed. As such, it seems like becoming a private money lender would be a good way to still participate in real estate using what I have. 

My question: how does one get started doing private money lending? I’ve read a lot about it but haven’t found much about the first steps to head in that direction.

Thanks for any advice!

[Jesse Daconta]

Hey,

Have you thought about being an private money lender for apartment syndications? You receive all of the benefits of investing in real estate without all of the legwork.The general partners complete all of the necessary legal paperwork for you. I recommend reading The Best Apartment Syndication Book Ever by Joe Fairless or you can connect with me if you want to learn more.

Best,