Private Lenders…Where are Your Borrowers? Tips for Finding Qualified Borrowers
– biggerpockets.com/renewsblog/
How do you find people to lend to as a private lender?
TRUE STORY: I was golfing with a friend of mine, and we were talking about the federal reserve and how banks make money. As we were walking up a steep grade to the picturesque 7th hole (I always walk the course unless in a scramble or tournament) my friend said, “Lee, I would like to make money like you do, but how do you find the borrowers or notes to buy?” If I had not heard that same question before, I would have been surprised…