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Updated over 1 year ago on . Most recent reply
Where to park your money between loans
Hello, I just got started with PML with one of my retirement accounts. I was wondering where folks who partake in this business hold their capital when it isn't loaned out? I would assume a high yield savings might be the easiest and most liquid option but I'd like to hear from those that are seasoned.
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Don Konipol
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Don Konipol
#1 Innovative Strategies Contributor
Lender
Pro Member
#1 Innovative Strategies Contributor
- Lender
- The Woodlands, TX
Quote from @Scott Loud:
Hello, I just got started with PML with one of my retirement accounts. I was wondering where folks who partake in this business hold their capital when it isn't loaned out? I would assume a high yield savings might be the easiest and most liquid option but I'd like to hear from those that are seasoned.
- Don Konipol
Private Mortgage Financing Partners, LLC