Thoughts on becoming a private lender

[Zac Dalzell]

After a while of no luck with securing my own investment property (house hacking) and the hilarious failure at wholesaling, I've come to realize I don't have the credit to buy anything, despite having a large lump in the bank. It's been a hard pill to swallow. The pain of stagnation in something I've been doing my homework in. Would private money lending be a better option for me? I'm not a young multimillionaire or anything, but I want to get my money out there to grow. Even if it's by a little bit at a time. Perhaps small part ownerships in deals, instead of 100% self operated deals. What can I do?

[Jeff Rabinowitz]

I am sure you will have no difficulty finding someone who will agree to borrow your money. However, if you do not know how to analyze a deal you may be throwing that money away. If you do not know the lending laws in your State you may buy yourself other problems.