How to become a private money lender

[Cathy Malmrose]

How do I join an investment group? I am not confident in the stock market. I have enjoyed doing my own investments in RE but I'm burnt out and want to be a silent investor. I extend about one land contract a year (all that's allowed per Frank Dodd laws). I own a small portfolio of properties in the Lapeer area, passing off the final ones to a manger now. Ideally I would be the silent investor on projects I care deeply about -- there are a dozen excellent ones near me - but I was burned on the last 2 due to me not having the time, energy or experience to run the team. I'm thinking silent investor is the way to go but I want to see how the pros do it first.