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Updated over 7 years ago,
Becoming a small time lender in Ohio
hi there I live out of state and looking to become a small time lender in Columbus ( loan's lesson 50,000). I live out of state and am not licensed. Im interested as it seems somewhat safe and not large checks. I don't want to lend on primary living locations only investment properties. I have heard the regulations make doing even small loans difficult . Any guidance if this is true? If so what are the most cost-efficient and simple ways to abide by the law? I'm not living in Ohio as my family won't move. Thank you in advance for your help