Banks have been lending money for people to buy homes for centuries. Of course, the mortgage market has evolved with ever-changing face of real estate. In modern times, banks perfected the art of lending money secured by real estate. They take “cheap money” either from the government or from individuals who place their money in checking and savings accounts or certificates of deposit and lend it out to individuals at a much higher rate. By doing so, they make a nice “spread” or profit.
While most people know that if they want to buy a house, they go to a bank and get a mortgage, they don’t know that they too can act like a bank. This book will show how any individual can lend money for a profit.
We call these individuals private lenders. A private lender is someone who is not a professional lender or institution, someone who's just a regular person who lends their money to someone else for an agreed-upon rate of return. Like a bank, it allows you to invest in real estate PASSIVELY while keeping your funds safe and secure!
Private Lending can be very risky if you don't know what you're doing or if you're working with the wrong person and don't put the proper protections in place. However, if you work with the right individual and follow the exact steps discussed in this book, you will learn how to be a private lender, get a high rate of return on your money, and have it safe and secure! You can even use the same strategies shared in this book to earn a high rate of return, tax-free or tax-deferred using your retirement account!
Inside this book you'll learn
Whether you've done some private lending in the past or you're completely new to this world, after you complete this book, you'll learn exactly what you need to do and what documents you need to receive in order to protect your capital and lend and grow rich.
Enjoy!
Language
English
Pages
260
Format
Paperback
Release
February 07, 2023
ISBN 13
9798376526675
Lend And Grow Rich: How To Earn High Rates Of Return Safely And Securely
Banks have been lending money for people to buy homes for centuries. Of course, the mortgage market has evolved with ever-changing face of real estate. In modern times, banks perfected the art of lending money secured by real estate. They take “cheap money” either from the government or from individuals who place their money in checking and savings accounts or certificates of deposit and lend it out to individuals at a much higher rate. By doing so, they make a nice “spread” or profit.
While most people know that if they want to buy a house, they go to a bank and get a mortgage, they don’t know that they too can act like a bank. This book will show how any individual can lend money for a profit.
We call these individuals private lenders. A private lender is someone who is not a professional lender or institution, someone who's just a regular person who lends their money to someone else for an agreed-upon rate of return. Like a bank, it allows you to invest in real estate PASSIVELY while keeping your funds safe and secure!
Private Lending can be very risky if you don't know what you're doing or if you're working with the wrong person and don't put the proper protections in place. However, if you work with the right individual and follow the exact steps discussed in this book, you will learn how to be a private lender, get a high rate of return on your money, and have it safe and secure! You can even use the same strategies shared in this book to earn a high rate of return, tax-free or tax-deferred using your retirement account!
Inside this book you'll learn
Whether you've done some private lending in the past or you're completely new to this world, after you complete this book, you'll learn exactly what you need to do and what documents you need to receive in order to protect your capital and lend and grow rich.