Private lending allows investors to act as banks by providing loans to homebuyers on inexpensive properties, earning monthly interest payments through wire transfers or checks while helping people become homeowners, with the potential for double-digit returns in a relatively short investment period.
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Deep Dive
The Most Passive Real Estate Investment Nobody Talks AboutAdded:
This will change how you see real estate lending.
So, most of the time in real estate lending, we think we own a house, we have a mortgage on it, there's some big crazy bank based somewhere that lends us money and makes a billion dollars.
>> [snorts] >> You have the ability to be the bank. You can lend money on very, very inexpensive properties, help people get into houses that they couldn't before, and you really have the most passive investment ever known to man.
Because you lend them the money, you get paid back every month via wire transfer or check.
Every day that your money's out, you're earning interest, and you get paid back in a relatively short period of time.
And you make double-digit returns.
If you know anyone who would be interested in becoming this incredible thing called being the bank, call me at 516-666-5830.
>> [music] [music]
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