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Updated almost 2 years ago on . Most recent reply

User Stats

26
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3
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Scott Loud
  • New to Real Estate
  • Knoxville, TN
3
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26
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Where to park your money between loans

Scott Loud
  • New to Real Estate
  • Knoxville, TN
Posted

Hello, I just got started with PML with one of my retirement accounts.  I was wondering where folks who partake in this business hold their capital when it isn't loaned out?  I would assume a high yield savings might be the easiest and most liquid option but I'd like to hear from those that are seasoned.

Most Popular Reply

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6,253
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9,894
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Don Konipol
#1 Creative Real Estate Financing Contributor
  • Lender
  • The Woodlands, TX
9,894
Votes |
6,253
Posts
Don Konipol
#1 Creative Real Estate Financing Contributor
  • Lender
  • The Woodlands, TX
Replied
Quote from @Scott Loud:

Hello, I just got started with PML with one of my retirement accounts.  I was wondering where folks who partake in this business hold their capital when it isn't loaned out?  I would assume a high yield savings might be the easiest and most liquid option but I'd like to hear from those that are seasoned.

Vanguard Federal Money Market Fund - current yield 5.23%
  • Don Konipol
business profile image
Private Mortgage Financing Partners, LLC

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