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Updated almost 2 years ago on . Most recent reply

User Stats

19
Posts
9
Votes
Kevin S Porter Sr
9
Votes |
19
Posts

$100k money to invest, have a bk and need help to invest.

Posted

I have $100k to invest in a property. I have a BK and I am retiring this year. I need to get investment income. I am thinking a multi unit property. Any ideas of where I should look for financing? I can provide more information if necessary.

Most Popular Reply

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2,293
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1,823
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Mitch Messer
  • Lender
  • San Miguel de Allende, México
1,823
Votes |
2,293
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Mitch Messer
  • Lender
  • San Miguel de Allende, México
Replied

Hey @Kevin S Porter Sr, rather than actively investing yourself, have you ever considered putting your funds to work as a private lender funding someone else's deals?

It's a lot less work, and private lenders are earning 10-15% in annualized interest on their funds!

That said, I'd only recommend doing this in fast-foreclose, fast-evict states like Georgia, Texas and probably Alabama as well.

Something to consider...

P.S. - I saw your recent message to me. I can't DM here, but you can easily reach me on LinkedIn, FB, or IG. 

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