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Updated over 6 years ago on . Most recent reply

User Stats

61
Posts
6
Votes
Jeremy Taylor
  • Investor
  • Southern California
6
Votes |
61
Posts

How to become a hard money lender

Jeremy Taylor
  • Investor
  • Southern California
Posted

Hello BP!

I’m new to RE investing and I’m considering becoming a hard money lender. I’m looking for advice on how the numbers and agreements “typically” work in a hard money loan. I know the options are somewhat endless...but what are some numbers/stipulations you would expect to see? 

What’s the best way to maximize your return and keep your money secure?

Does anyone have any books they can recommend on the subject?

I have never been involved in a hard money transaction before so I’m looking for any advise and/or suggestions on the subject. Thanks! 

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