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Updated over 10 years ago on . Most recent reply
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Private lending while living overseas..
Hi, folks!
Question: I am entertaining the idea of living overseas for a year to travel as well as save some money because I won't be spending so much (Thailand is calling my name!). I have done some private money lending, via a partner. I want to continue to do this with other borrowers so I can pay off my mortgages. However, doing all the scouting and finding people to loan this money thru with all the legal hurdles, due diligence and so forth I am trying to figure out if there is a brokerage that could be my middle man to handle these important details. I may be living overseas for some years, with periodic visits back home to check up on things. So...any thoughts? What would you do in a similar circumstance? Thanks!