Tuesday
Jun122012

Do you want to become a Backyard Banker?

When you invest money, your goal is to get back more money over time. One of the best places to invest is your own locale and it is like banking.

America has changed in the past 4 years. Banking and investing are no exceptions to the new "normal". For investors willing to learn, there is an investment available in every town across the USA that offers less risk and higher control and returns than most others. It's called private lending. Even the Wall Street Journal article from July 21, 2011 entitled  "Investors who do a few mortgages on the side." Overview details:

  1. 12% returns
  2. Tiny slice of total mortgages originated (about 1%)
  3. Enjoys Equity 

Since banks are in trouble overall and there is less loan demand, learning to lend in the private loan arena can offer many benefits:

  1. Cash flow
  2. High returns
  3. Security of real estate

Investing isn't liquid and of course, either knowing how to invest or working with a licensed and experienced broker is key. 

Backyard Banking can be a lucrative niche for certain investors!

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