Why Become a Private Mortgage Lender?
Jan sat alone at her kitchen table, surrounded by paperwork and feeling very overwhelmed. In all her years of adult counseling and raising her own children, Jan had never really paid attention to her own finances. She trusted her husband and his accountant to handle the details, and they did. Jan and the children never wanted for anything, and when her husband, a successful oncologist, passed away, Jan found herself left with years’ worth of savings.
Jan had no idea where to begin. She was an intelligent woman, but completely inexperienced. Friends encouraged her to invest, but the stock market seemed too risky. Jan disliked gambling with her savings, and was very skeptical about using a stock broker. The last thing Jan wanted to do was squander her late husband’s wealth. When her granddaughter mentioned private mortgage lending, Jan started thinking maybe there were more options than she realized.
Jan contacted a real estate foreclosure investment firm and found that private mortgage lending was a safe, easy way to make a return. The man on the phone at the firm explained the advantages of lending her money to a real estate foreclosure investment firm: *Limited leverage *Depreciation decreases taxes *No accounting problems *No executives *Risk not associated with market demand *Investment is insured against accidents *Evaluation is simple *Low costs *Able to close loans as often as monthly *High rate of return *More control over funds *No real estate management hassles
Even with this information, Jan was still cautious. The benefits seemed surreal. So she started with a small step. She made an investment of $25,000 to this private real estate foreclosure investment firm after consulting her legal and tax advisors.
Today Jan is a successful private mortgage lender. In fact, she has doubled her savings with private mortgage loans. Her intention had been to safely grow her savings, but with the expertise of a real estate foreclosure investment firm, Jan has learned how to make her money work for her, with very little risk.
The stock market can truly be a gamble. While brokers may advertise their prediction skills, too often the market is a guessing game. Private mortgage lending is secured. There’s no guessing or gambling, and no complications.
Jan learned that secret, and she used the knowledge to change her life. Of course every investment involves risks, but because she sought out an experienced and reputable private real estate foreclosure investment company, she felt that her husband’s final gift was safe and secure. Jan was able to save enough money for her grandchildren’s education and to begin taking the vacations she had always dreamed of. She knows life is short, and feels confident that her loans will yield enough profit to sustain her extended family long after she is gone. Jan started with almost nothing, and so can you.
About the Author
Travis Millward can help you discover how to easily ear an 8 to 12 percent return on your money without risky investments through private mortgage lending. Learn more by getting his free report and private lending brochure from Private Lending Etc.
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