Becoming a hard money lender - lending my own money and investors

[Axel Ragnarsson]

Hi everyone,

I'm looking to get into hard money lending in multiple capacities (lending my own funds and lending other individual's/investor's money). I work with a couple of high net worth individuals who want to get into hard money lending but don't want to vet the deals, find investors to work with, etc. I would be lending their money and paying myself a loan origination fee and perhaps a spread on the interest the real estate investor is paying and what the lender is receiving on the back end. 

A couple questions.. what are the regulations associated with doing this? Are there SEC regulations I need to adhere to when lending my own money? I'm sure there are when lending investors money/brokering loans, can someone point me to where I can find what licenses I need and what the regulations are? For reference, I am in New Hampshire.

Thank you in advance.

[Richard Dale-Mesaros]

Axel, talk to Ann Bellamy, who is fairly prolific on BP and was in podcast interview #9, I think - she's a hard money broker, a great lady and I'm sure she would be happy to let you pick her brain about this side of the real estate biz. You guys could also explore having her put your funds to work, if she has excess demand beyond her current stable of private funding sources.......   :)