Branch Out from Buy & Hold to Hard Money Lending (HML)

[Paul C.]

I've built my buy & hold portfolio to 10+ SFHs and am happy with how they are performing. While I plan on acquiring more properties, I'm finding the opportunities are not coming as fast as I would like to deploy my investment capital.

I'm considering branching out into other aspects of real estate investing and hard money lending has caught my interest. I've Googled hard money lenders in my area and most seem to have a link on their websites where they try to attract investors with money to lend.

Before I contact any of them, I wanted to throw a few questions out there:

1. Has anyone had experience giving money to hard money lenders to loan out?

2. What is the typical process like?

3. Has anyone had bad experiences?

4. What should I be careful of?

Thanks!