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Journey into Private Money Lending with Shiladitya Das
Apr 4, 2024
Experienced private money lender, Shiladitya Das, shares insights on overcoming fears in real estate investing, securing investments, and setting goals for financial success. From transitioning from software to real estate to seeking private lenders, Das offers valuable advice for those looking to venture into the world of private money lending.
14:35
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Quick takeaways
- Private money lending can provide lucrative returns with careful assessment of borrower's approach and risk mitigation strategies.
- Transitioning from software industry to real estate, leveraging community support, and diversifying investments can lead to financial stability.
Deep dives
Private Money Lending Deal Success
DOS, a member of the community, shares his success with a private money lending deal. He invested $35,000 in a real estate deal where he was promised a 20% return on investment in 90 to 120 days. DOS conducted due diligence, reviewed the presentation provided, and eventually received a $7,000 return on his investment within a shorter timeframe of 90 days.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode