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Updated about 9 years ago,

User Stats

145
Posts
47
Votes
Miguel Dormany
  • Tampa, FL
47
Votes |
145
Posts

Private Lender how to become one

Miguel Dormany
  • Tampa, FL
Posted

Hi, 

If I have money and want to invest it in Real Estate, but am a Newbie and want to start out slow and maybe give my money to someone else to get a higher percentage rate than 5-7% in stocks, how does this work? 

Or if one would prefer to partner with a flipper or buy and holder and one puts the money and the other does the deal. How can one get started and not get scammed being a Newbie to all this?

My problem is I have funds, but don't have the income from a job to get a loan and am running into walls that don't move. I want/will tear down this barrier and start my Real Estate investing just need some guidance, maybe even a lot. 

Thanks in advance for you help .

Miguel

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