When investors look into investing in real estate, the first thing they think of is buying a property, fixing it up and either selling it for profit or renting it for income.
While these are excellent ways to profit from the real estate boom happening in the Washington, DC metro area, it’s not the only way.
There are a number of reputable real estate flippers and rehabbers and they are always looking for money to fund their operations. For them, going to a bank is a slow process with no guarantees. Banks can be conservative when it comes to financing loans for homes in need of significant repairs. Their interest is to be able to sell the home quickly should the loan go into default.
This is why a robust market for private lending was created.
People and companies with money to invest can speed up the lending process and charge higher rates than banks because of the convenience.
At MSI, we specialize in this sort of lending.
For example, just this month, we completed a deal where we loaned $220,000 to a rehabber for two properties in Alexandria, Virginia.
Our terms included a 10% interest rate for an eight-month loan.
And now, our initial capital has been returned with our interest and we’ve been exploring more private lending opportunities.
As you can see, we made significant profits without having to buy a property, manage contractors or hire a real estate agent to sell the property.
One of the places you can profit from these types of private lending deals is through our MSI Wealth Management Fund.
For more details on the fund, our cash distribution model and how to get started please click here or call us at (800) 674-5363.