Has anyone experienced being or taking out a loan from a private lender
 Hello, I have some experience in real estate, mostly fixing home but I've been looking into private lending for real estate. I have no real idea where to start or how I would find someone to lend to and or handle the legality of a deal. Any suggestions are welcome.
[{"id": "hrglafo", "text": "How much capital do you have to lend?  Contacting an attorney to draft paperwork for potential clients would be a start.", "replies": [], "depth": 1}, {"id": "hrj6pwo", "text": "Quite a few independent mortgage brokers know private lenders as well so they could likely point you in the right direction", "replies": [], "depth": 1}, {"id": "hrut54z", "text": "Honestly unless you have a fuckton of money setting up shop as a private lender using your own balance sheet isn\u2019t going to get you the returns you want and is incredibly expensive to get set up. You\u2019re better off investing in a bridge lending fund or buying one of the mortgage REITS if you want exposure to CRE debt.\n\nETA I\u2019ve done a ton of credit investing in my career, managing a loan is easy until it isn\u2019t - if there\u2019s a bump in the night you need infrastructure to manage it unless you want to personally do a workout. You\u2019re probably better off calling your RIA and asking what closed end funds they have access to for CRE bridge lending and you\u2019d need to put in a minimum of $250k. If you want to put in less buy shares in a public mortgage REIT. Going this route makes it a lot easier to get the exposure you want. Anyways just my thought from the peanut gallery", "replies": [], "depth": 1}]