How to Mitigate Risks as a Private Money Lender

1 year ago
2

All kinds of investments come with some level of risk. You can never avoid it, but you can mitigate it if you do enough research, thorough due diligence, and tap into the right resources. It’s never 100% guaranteed that you won’t lose, but that’s part of the business.

Watch this video to have a better idea of the risks that come with private money lending and how you can mitigate the risks of borrowers not paying!

Key Talking Points of the Episode

00:00 Introduction
00:30 What if a borrower doesn’t pay?
01:28 How do you mitigate the risks as a private money lender?
02:21 How much money can you lose as a private lender?
03:32 What is it like to do equity participation loans?
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Bill Fairman and Wendy Sweet, sibling principles of Carolina Capital Management, have a combined 35+ years of conventional real estate sales and finance experience. They, along with President/CEO Jonathan Davis, serve as consultants for investors, guiding them to network with other investors and educating them in locating and structuring transactions. We put People and Principles ahead of Profit--always.

Listen and subscribe to our Podcast: https://thealternativeinvestor.libsyn.com/rss
Visit our Website: https://carolinahardmoney.com
Facebook: https://www.facebook.com/CarolinaHardMoney/

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