Why You Can Be Thankful as a Private Lender
If you’re thinking about becoming a private lender, then there are a few things you can look forward to being thankful for.
First, the most obvious, can make money in an easy, secured way. You don’t have to pick up hammer, worry about contractors, or stress out about getting a big project done in a short amount of time. All you have to do is find people who like fixing and flipping and lend them the money to do all of that hard work.
Boost Retirement Savings
Second, you can take the money you make and boost your retirement savings. You don’t have to worry about unpredictable fluctuations in the stock market or depend on low interest rates at the bank. You can make consistent, solid income with a safe and secured investment.
Third, and the least thought about, you can make an extremely positive impact on your community.
Without your ability to lend money to fix and flippers, rental owners, and other real estate investors, communities would slowly deteriorate and eventually fall into disarray.
Think about the HGTV show, Good Bones. A mother and daughter team up to fix homes that have aged and withered throughout their neighborhood. But, home by home, they’ve revitalized and given their community new life. They given it value, once again.
That’s what all fix and flippers do.
They find neighborhoods, towns, and cities that have fallen into disrepair, and breath fresh life into them. By doing this, they revive the economy because people want to live there again. Schools, safety, and quality of life rise drastically.
But the only way this all can happen is if fix and flippers can find money to do their work. And many of them can’t walk into a bank and get a loan, either because they can’t meet the bank’s strict requirements, or because they need to buy a property FAST. We’re talking about closing homes within days, not months. Banks can’t do that.
So, they need private funding from people like you. People who have money they want to invest.
So, why not invest it in your local community…or a community of your choosing? Say, the hometown you grew up in? Perhaps it’s seen better days and needs some new life before it fades and falls off the map completely?
Private lending is something you can truly be thankful for. So why not give it a try if you’re looking to invest in real estate the easy way?