Texas Hard Money Lenders Investor Guide:
Do you have extra money sitting in your savings account while you look for a smart way to invest it? If so, have you considered private money lending? While this type of investment may seem foreign to you, the fact is that the world of private money lending is open to anyone willing to invest. The way it works is you issue a loan directly to the customer, cutting out the middle man, which is typically a bank or other financial institution, and you collect the interest payments as the loan is payed back over a period of time mutually agreed upon by you and the customer. While this investment option is not for everyone, those who do choose to become private money lenders, also known as hard money lenders, should have some expertise in real estate and investment practices in general to reap the many rewards of this sound investment strategy.