Where can I borrow money to then lend out on secured loans?

4 Replies

I would like to start earning interest by borrowing money and lending the borrowed money out secured by real estate. My ultimate goal is to become a private lender without having any money myself. Is there a way to borrow large amounts of money and then loan it out again but secured by real estate? Or has anyone else accomplished becoming a private lender by this philosophy?

@Andrew Imani   Typically if you borrow money it would be at a higher rate (say 10%) than you can lend out on RE (8%).  So it's really not feasible.

Most people who lend have savings hitting in a CD earning 2%.  So in that case it makes sense to lend out, as they can get a better return on their money in RE.