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Updated over 7 years ago, 08/22/2017

Matthew Roberts's profile image
Matthew Roberts's profile image
Matthew Roberts
  • from San Diego, California
  • Member since Aug 7, 2017
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User Stats

34
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10
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Matthew Roberts's profile image
Matthew Roberts's profile image
Matthew Roberts
  • from San Diego, California
  • Member since Aug 7, 2017
Connect
Matthew Roberts
  • San Diego, CA
10
Votes |
34
Posts
Private Lending & Conventional Mortgage Advice

Can I become a private money lender?

Matthew Roberts
  • San Diego, CA
Posted

I'm brand new to REI. Would someone's first splash in REI as a private money lender be a bad idea? If I could find someone who could use my cash better than I could, what would be a pitfall of pushing this strategy? If I could get 8-12% per month in this market (San Diego) and save I would think its a safer play. Anyone have thoughts or opinions on this?

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