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Updated almost 5 years ago,
Funding investors for flip projects
The past few weeks I’ve been getting asked to fund certain projects for people looking to flip houses. I don’t have the money but I know people who do. So my question is would it be better to connect the two people and gather a referral fee or the middle man, have the money lent to me at a lower interest rate and lend the money out at a higher interest rate? What would be the gain vs drawback of either method? Is there a better way to do it?
Just wanted some feedback to see if it’s worth pursuing.