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Updated almost 16 years ago, 11/30/2008
Becoming a personal hard money lender?
I was just pondering my ability to become a personal hard money lender, and what might be required of me? Now Im not trying to Become a PML investor for another person's company, or use my Self directed IRA... Simply loan my personal funds OR funds that I may have access to. Sort of like a Loan Shark but not really... well yes really... But loaning against Real Property. If anyone has experience in this I am open ears... or in this case open eyes.
PS I've been "google"ing the subject and really all im finding on the specific subject is about how "private" private lending is, thus making the information private or at least, expensive.
Thanks,
Dustin