In this episode of Grow With Leila, I dig into a critical question many new private money lenders face: how much money do you really need to get started? I’m sharing personal stories and lessons learned because I want you to know what I didn’t: the key isn’t merely the amount of capital you should lend, but rather how to approach lending wisely and strategically.
Today, I talk about:
>> Starting with Any Amount: You can begin private money lending with as little as $10,000. This is your investment and you can make it on your terms.
>> Maximizing Potential Through Collaboration: Team up with others to enhance your lending capacity while reducing individual risk exposure.
>> Mind Your Mindset: Shift your focus from “how much can I lend” to “how much should I lend on this deal?” This reframe gets the focus back on the investment opportunity and its fit for your goals, not the other way around.
Listen in because this episode will empower you with the insights you need to confidently navigate your entry into private money lending, ensuring you’re equipped for success without unnecessary financial risk.
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Resources mentioned in this episode:
>> 10 Costly Mistakes Made By Women Who Are New to Private Money Lending (And How To Avoid Them)
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