austin , TX · Member since 2015 · 60 posts · 5 votes
I am going to start some Hard Money Lending to a few gentleman that I know that do rehab and building in florida. Is there a limit on how many loans or amount that I can lend without getting a license. Thank you in advance for your knowledge on this subject.
Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
9y
None as long as you are not representing yourself as a mortgage company and they are YOUR OWN funds. You can lend as much as you want. This applies to FL residents. If living in Tx, you must be in compliance with BOTH states lending laws.