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Updated almost 11 years ago on .

Rob B.'s profile image
Rob B.'s profile image
Rob B.
  • from San Leandro, California
  • Member since May 1, 2015

User Stats

59
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12
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Rob B.'s profile image
Rob B.'s profile image
Rob B.
  • from San Leandro, California
  • Member since May 1, 2015
Rob B.
  • San Leandro, CA
12
Votes |
59
Posts
Creative Real Estate Financing

Angel Investing Lender Side

Rob B.
  • San Leandro, CA
Posted

If you were looking to lend to money to a flipper, what criteria would you use. I have about $200K left over from a sale and I'm considering loaning it out to a house flipper. Obviously I would want to ask about their experience and their plans. I also wouldn't allow anything that was more than an hour away from me. 

I've seen a lot of posts about how to GET money from investors, I guess I'm looking to hear from people who LEND money and what criteria they use, as well as what legal protection they use and what the normal terms are. 

Thanks. 

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