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Real estate agent to investor
I am a real estate agent that continues to invest in SFH's within my community. I just sold a few homes and was able to score my clients some massive $! They were conversating on how they didn't have anything to spend it on and it was just going into savings. I then thought of the idea to offer they a fixed rate if they private lended me cash on a short term (5-10 year) period. I am well established and continue to grow but thought that may be an interesting avenue for capital. Thoughts? I have 14 homes at this time and looking to buy more.
Yes. What you are describing is using private money to fund your deals. As long the numbers make sense for you and they agree to the terms, it is definitely a good option.
