BE THE BANK – SECURED BY REAL ESTATE
Private Lender Program Report and connect with the provider.
Many investors that want hassle-free cash flow invest on the “debt-side” rather than the “equity-side” of a real asset.
They make a short-term loan, with real estate as the collateral.
Basically, you can “be the bank” with steady 6-12% cash returns.
Unlike owning a rental property where a tenant pays you to live there …
… a private lender program means that someone pays you to “rent out” the use of your money, typically for a year or less.
Many private lenders want their collateral to be stable and staid. That’s the case here – single-family and multi-family properties in and around Ohio.
Compared to equity-side ownership, with a private lender program:
- On the downside, you aren’t paid up to five ways.
- On the upside, this is a no-hassle 6-12% cash return.
With a $100K loan lent for a year at 10% interest, you would collect $10K in profit. Simple math.
The provider is a fellow associate with me on the Forbes Real Estate Council.
To learn more about Private Lender Program pros and cons, read the report that the provider assembled for you.