What are the risks involved such as being sued etc?

Before soliciting mentors, please jump in and get involved on the site.

My dad job is working with a firm that is involved with many industries.

It's not a losing proposition, that, the subject to appraisal confirmed, but it is a bit more than a sane investor might get involved with.Reversible method.Water feature.

We have been doing residential investments but recently have been involved in some commercial and land developments.

There are also lawyers involved who are very familiar with the act, and know what's required.Jon

Or if you plan on holding/renting it and what it would rent for.....basically what your plan is for the property and what other numbers are involved besides just offering $100k below asking price because of the amount of repairs you "guess" it needs.

I would like to get more involved in Hard/Pvt money lending, with the ultimate goal of building a business of HM lending by pooling funds with other like minded retirees/investors.

Is there just one loan involved or are there several?

I originally became involved in REI through my step-father who is a pretty successful rental property investor.