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Updated almost 6 years ago on . Most recent reply
Becoming a private money lender
My husband and I have recently been doing research about becoming private money lenders in real estate. We are interested in talking with someone who could give us some advice about how to get started. We are located in the Boise area. We look forward to your replies.
Most Popular Reply
Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
go to local meetups.. and REIA's this is were your borrowers congregate.
then go talk to an attorney have them prep your note for you. the deed of trust or mortgage the title companies will do.
plus have the lawyer walk you through your default remedies in that state.
bottom line..
would you like to own the real estate your loaning on at the amount you loaned plus 20k..
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners