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Updated over 5 years ago on . Most recent reply

Account Closed
  • Houston, TX
4
Votes |
5
Posts

Help me put my cash to work! (Please)

Account Closed
  • Houston, TX
Posted

Hey ya'll, 

I just moved to the Houston area (not another one) and I'm looking to get started in RE. 

I know long term I want the income benefits of buy and hold real estate but I also want to do some rehabs and have considered becoming a hard money lender. 

I have a good amount of cash I would like to put to work but this market is completely different than what I'm used to and I'm also new to the area. 

Hard money lending seems like a good route for the most passive income, so I would love to hear your suggestions or experience if you've been a lender before!  

I'm all ears. Thanks for taking the time to read this and craft a thoughtful response. 

Feel free to PM to connect! 

Benjamin

Most Popular Reply

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2,670
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Ian Walsh
  • Lender
  • Philadelphia, PA
1,746
Votes |
2,670
Posts
Ian Walsh
  • Lender
  • Philadelphia, PA
Replied

Pretend you don't have any cash and learn this business from that perspective.  Once you do, you will know exactly what to do with that money.  If you try it too early, you put your money at risk.

  • Ian Walsh

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