Becoming the Bank: The Simple Lending Process that Creates Passive Income for Everyday People - E-book - ePub

You aren't stuck trading volatile stocks or renting property to troublesome tenants to build wealth. A simple, stable strategy is possible! Earn predictable double-digit on your investments-without relying on the whims of the financial markets-through private mortgage lending. Full of straightforward advice for beginner investors, this is your guide to ditching traditional investing for a profitable pursuit that gives you the same control, flexibility, and freedom as big banks. You'll discover: Private lending basics, like mortgage options and appraisal tips.
How to hit the broker bull's-eye with the right loan-to-value ratio. The 5 C's of private lending for structuring your optimal loan. Self-directed RRSP accounts, the preferred financing option. Strategies for default management and protection. You work hard for your money-your money should work just as hard for you! Take control of your investment portfolio and reap higher returns with the private lending strategies in Becoming the Bank.