11min chapter

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Round Table | How to Make Money Through Private Lending: A Beginner’s Guide to Mailbox Money

The Wealth Without Wall Street Podcast

CHAPTER

Mitigating Risks in Private Lending

This chapter explores essential strategies for reducing risk in private lending investments, highlighting the importance of collateral and personal guarantees. It discusses the critical evaluation of borrowers' repayment capacities and the necessity of a strong track record when considering potential deals. Emphasizing communication and legal oversight, the chapter underscores the need for clarity in lending agreements to foster healthy borrowing relationships.

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