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Updated almost 5 years ago on . Most recent reply

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44
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Phil Shearcroft
  • Rental Property Investor
  • Kansas City, MO
24
Votes |
44
Posts

Good time to begin offering Notes

Phil Shearcroft
  • Rental Property Investor
  • Kansas City, MO
Posted

I have been a Real Estate investor for many years and I am interested in the idea of becoming a lender. Beyond my personal cash available to lend out I have wealthy investors who love the idea, but this is where my experience waivers. My experience with being a lender is limited to lease options and CFD's in the Midwest markets. Can anyone suggest a good place to start in order to properly build a business on private lending. Books, contacts, mentors, resources. Any help would be amazing and if you feel you are an expert in the industry I would very much appreciate you chiming in.


-Phillip Shearcroft 

Most Popular Reply

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473
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452
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Marco Bario
  • Specialist
  • Frederick, MD
452
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473
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Marco Bario
  • Specialist
  • Frederick, MD
Replied

In the Southern CA market, there are two well established and reputable hard money lenders who come to mind.

One of them - The Norris Group - offers educational content and two good podcasts. 

If I were looking to become a hard money lender for instance, I'd fund at least a deal or two through groups like Norris or the other (Mor Financial) and pay close attention. If you're looking to fund other types of deals, the same strategy applies. 

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