How to get started with giving the advances?
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  1. #5
    Senior Member Reputation points: 99426
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    There's no shortage of people with money to lend in this industry. Everyone wants to make a 15-30% APR on their money. The problem is being able to find enough deals to apply the cash to. You won't be able to just walk in off the street and start participating in deals unless you can bring something to the table in terms of deal flow. Aside from that, your best bet is to team up with a reputable broker who already syndicates their own deals with funders and work out a separate arrangement with them. The broker will probably charge you a management fee but that's a small price to pay to participate in this industry.
    Last edited by MCNetwork; 05-11-2015 at 10:21 AM.

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