Investors who do a few mortgages on the side...

A recent Wall Street Journal article talked about investors who are funding small loans in their hometowns and regions. Google the article for more details.

The Wall Street Journal did an article in late July 2011 about private investors who put capital to work at double digit returns locally. Although these hard money or asset loans are not seller financed or discounted notes, the article shared how individuals enjoy high returns by giving borrowers  a First mortgage or trust deed against the borrowers property. The key is equity (at least 40%) and high interest. The lowest risk is lending where one has the most knowledge typically, the home town or region family to an investor.

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