You need to make some more moola!

Just thought I'd check here too to see if anyone had any direct experience with them. 

Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations

100% agree with @Jay Hinrichs!

This is especially important when owning rental properties or managing flips because it minimizes your personal liability.However, many people stop at forming an LLC without considering the potential tax benefits of electing S-Corp status.

As Thomas mentioned - narrow down your area, buying criteria, understand the numbers and how to evaluate a deal, and build your network.

I agree with Jay. 

Thank you for the tip!

This is all he does.

I can disclose the property address and details if you would like to chat.