How to become a hard money lender

[Kelvin Warren]

Hello everyone, I have money to lend out to investors, but my question is when lending out money, what are the questions to ask and the documents need?

[Ann Bellamy]

Kelvin, there are a bunch of posts asking the same thing.  So go to the BP search bar and type in a few searches such as 

become hard money lender

become private lender

how to lend hard money

etc.

There are a significant number of threads on similar topics.

The primary answer is to find a lender experienced in private lending transactions, not just a real estate attorney.  The reason is that institutional lenders have bunches of attorneys on staff to keep them in compliance with lending law.  Real estate attorneys who don't close private lending transactions are never involved in that side of things, so don't know what the pitfalls are.  Call the hard money lenders in your area and ask them who their attorneys are, if they share, go and pay that attorney to educate you.