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Updated almost 10 years ago on . Most recent reply

User Stats

170
Posts
21
Votes
Alvin Grier
  • Detroit, MI
21
Votes |
170
Posts

Why Did YOU Start Private Lending?

Alvin Grier
  • Detroit, MI
Posted

We've become increasingly more focused on the lender/funding portion of our business.

After all, funding is just as important to our business as finding properties is.

Anyways, the more you understand your customer, the better you can serve them, so I thought this would be a great place to better understand the mindsets of active private lenders.

Thus my question:

Why did YOU decide to become a private lender?  What problem did (or does) it resolve for you?  

For example...

Did you want to make money in real estate, but didn't want to be "hands-on?"

Do the profits help you give your retirement a "jolt?"

Thanks in advance for your insight.

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