PRIVATE LENDER PROGRAM
BE THE BANK – SECURED BY REAL ESTATE
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.
Get the free report and connect with the provider.