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Updated almost 3 years ago, 02/04/2022
Small time Private Lending in CA
As far as companies go, I don't have a lot of capital. But as a single person starting out, I have a sizable amount of cash and I would like to get started with lending. I could only fund rehabs or very inexpensive foreclosures as of now. I will be seeking legal counsel to find out how to establish my business structure and to create the appropriate documents. And I have a couple of books to buy - Making the Yield and Invest in Debt. For anyone else who has done this, do you have any tips on getting started and minimizing risk? Thank you!