Lending (Private Money Lending)
1 creator use or recommend it
The practice of lending personal capital directly to real estate investors at interest, either as gap funding, renovation loans, or double-close transactional funding.
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How Lending (Private Money Lending) compares
1 creator weighed in
E
ETFs
Different focus
index-tracking stock funds
Pace recommends ETFs for average people but prefers lending personally, calling it not safe and not for everyone.
1 creator
1 creator
Pace recommends ETFs for average people but prefers lending personally, calling it not safe and not for everyone.
"If I had a million dollars liquid today, I'd lend all of it. I'll make 4% on my money in one day on a double close. The lending business is where — everybody wants to be the bank. I avoid banks when I buy, I become the bank when I lend."
Contrasted with ETFs which he recommends for average people; lending is his personal preference but acknowledged as not safe and not for everyone
What creators say
"If I had a million dollars liquid today, I'd lend all of it. I'll make 4% on my money in one day on a double close. The lending business is where — everybody wants to be the bank. I avoid banks when I buy, I become the bank when I lend."
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