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Updated almost 5 years ago,
FIBI Pasadena w. Jeff Smallowitz | Lending & Borrowing Private Mo
Join other Pasadena-area real estate investors at our For Investors By Investors meeting (FIBI) held the third Thursday of each month at 7pm
Location: Courtyard by Marriot, 180 North Fair Oaks Ave. Pasadena, CA. Door fee for this meeting is $20.00 at the door.
The Pasadena FIBI group provides an environment for active and informative peer discussions, expert presentations on relevant topics, and networking. All FIBI meetings support a NO SELLING policy, allowing investors--whether seasoned or beginner--to be free about sharing their real estate passions without sales pitches.
Each Pasadena Real Estate FIBI meeting includes organized networking intended to identify areas of interest and possible opportunity, industry experts presenting information and experience on a variety of relevant real estate topics, and open networking sessions to enhance the value of coming together to learn. Once a year we include an Economic Update and a review of Market Conditions. Our meetings are fun, engaging, and informative.
About the meeting:
Whether you have a little or a lot of money to lend, or you borrow money, you don't want to make costly mistakes!
Perhaps you have neither the time nor desire to own property and be a landlord. If so, then loaning your money to experienced investors, secured by real estate, might be for you.
Join us at this meeting and learn how to loan your personal funds safely and securely, without actually owning the properties, as well as many tips on borrowing from a private lender.
Jeff will not only talk about the pitfalls of borrowing private money, but also the benefits of working with or becoming a private lender.
Learn from an experienced lender:
• The basics of becoming a private lender or borrowing from one.
• Questions to ask a potential lender and what to watch out for.
• How much money you need to get into the lending business.
• Loaning to and from self-directed IRAs and 401Ks.