PERSON-TO-PERSON (P2P OR PEER-TO-PEER) LENDING is an alternative form of lending that happens directly between individuals (“peers”) without going through a bank or other traditional financial institution. P2P loans have several advantages. Although P2P loans needn’t involve a middleman (that’s why they’re called “person-to-person”), loan brokers and consultants can earn commissions helping borrowers obtain such […]
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THERE’S ANEW WAY TO FIND MONEY for business and real estate from the Small Business Administration (SBA). It’s called LINC, short for “Leveraging Information and Networks to Access Capital (LINC)” tool. HERE’S WHAT SBA SAYS ABOUT THE LINC TOOL: LINC is a simple way for you to connect with prospective SBA lenders based on your […]
Read more »YOU CAN MAKE GOOD REAL ESTATE INCOME using a LEASE OPTION on rental properties you own. Here’s how you might do it. Rent the property to a tenant at the going rent in the area with an option to your renter to buy the property at a stated price in a given time period. Thus, […]
Read more »SMALL BUSINESS DEVELOPMENT CENTERS (SBDCS) provide assistance to small businesses and aspiring entrepreneurs. SBDCs help wealth builders realize the dream of business ownership and help existing businesses remain competitive in today’s marketplace. Below you can download a free list of all SBDCs in the United States, updated for 2015. THERE ARE MORE THAN 700 SBDCs […]
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