Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Garrett Gunn

Garrett Gunn has started 1 posts and replied 1 times.

Post: Hard Money Lending Practice

Garrett GunnPosted
  • Lender
  • Lancaster, PA
  • Posts 2
  • Votes 0

Hello all,

I had a few questions for someone who owns a hard money lending practice. I know there's a few folks on here that have HML practices that may be able to chime in:

Is it possible to use a business loan that you get for 3% APR and lend that money to Real Estate Investors for 12% and points or whatever terms are agreed upon?

How would one scale the business if you can't use a business loan to loan out more cash? Can you get private investors that you know or find and use their money and handle all the legwork and split the profit?

I have some of my own capital to loan but I don't want to put all my eggs in one basket and would like to eventually scale which would require more money as well as reinvesting the profits back into the business.

Thanks in advance!