Should You Invest in an Experienced Businesspersons New Business

Here's another example of a businessperson who was seeking investment money in a new business. Eddie was someone Lisa knew as a very active note buyer. He had been buying seller-financed mortgages at a discount as a business for many years. A few years ago, Eddie decided to expand his horizons and start teaching his business concept to others. He developed a business called The Note School, which was intended to provide education and mentoring to people who wanted to learn how to invest in...

How to Find Private Lending Opportunities

If you're going to be lending only within your own community, the best way to find potential investing opportunities is to be very well networked in your community. If you're interested in making loans secured by real estate, contact your local chamber of commerce to find local real estate attorneys, mortgage brokerage associations, and land developers and builders. All of these people and groups will know of individuals who are in a cash-flow situation in which they are looking for private...

Lending Money Using Real Estate as Collateral

As we've discussed so far, private lending doesn't deal only with consumers it also deals with businesses, and it can even deal with certain types of small governments. Although the majority of investors who get involved in making private loans make loans to individuals, investors frequently make loans to small groups of property owners. The discussion that follows covers both situations property owned by individuals and property owned by small groups. Most of the real estate private loan...