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Terry Royce
  • Real Estate Investor
  • Baltimore, MD
75
Votes |
619
Posts

Using your money for private lending

Terry Royce
  • Real Estate Investor
  • Baltimore, MD
Posted

I have been in contact with a large local real estate investor, and he builds a list of people willing to lend money privately.

He contacted me regarding a short term loan at 10% for 30k.

I've never lent money before, but what do I need to look for and do to protect myself in the event I do lend.

Thanks
-Terry

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