money lender

5 Replies

I'm a money lender how can I be successful?

@Jeffery Kram

 Welcome to BP!

This is a really open-ended question but forming relationships with other investors that borrow large sums of money for deals (such as myself) and offering them very competitive rates as long as they are above the rate you are borrowing at, you will be very successful.

Of course, you want to protect your position in every deal. I got a colleague of mine started money lending to investors and while he mainly lends money to me, he has built a nice group of investors he lends his money to, so keeps it revolving. But he gives me the best rates obviously. :)

@Lucas P, your suggestion sound very nice and appealing, I can really make use of your opinion and experience to at least know more about investors. Course I really need good investors that can be trust worthy. Course I love to create my own group of investor  course the rate I do give loan is low.

This post has been removed.

This post has been removed.

Sorry, but no discussion of the details of loans here.  Any advertising for loans must go into the Marketplace only.

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