Where to invest a shitload of cash?

[earplug]

BIP, CLMT, TLP, ERF. Research the Bakken and who is operating there.

[rondog]

Wish I had that problem.....

[Great-Kazoo]

Hard Money Lending 12%

12%? perhaps the lenders i know are charging too little.

[ChunkyMonkey]

Hard Money Lending 12%

This.. plus 2% origination. Want some crazier hard money portfolio? Get into minority owned liquor store, dispensary, etc etc.. Those guys would accept 24% on property backed hard money loan.


Other high yield % businesses includes.. property backed hard money lender, pawnshop (240% APR or more), paycheck cash and few others. Easiest job in the world - selling money!

Medium yield and safest bet? Rental portfolio.

[Great-Kazoo]

This.. plus 2% origination. Want some crazier hard money portfolio? Get into minority owned liquor store, dispensary, etc etc.. Those guys would accept 24% on property backed hard money loan.


Other high yield % businesses includes.. property backed hard money lender, pawnshop (240% APR or more), paycheck cash and few others. Easiest job in the world - selling money!

Medium yield and safest bet? Rental portfolio.

check cashing / payday loans

[alxone]

Been sitting under my virtual mattress long enough (in the safe, actually). Any ideas where I should be laying out some spare money?

Please spare me the hookers and blow - those are fun, but they're not investments.

i have an awesome museum project that could really use some green backs

[XC700116]

And there's one thing they aren't making any more of... land.
Except Hawaii... but I don't have the patience for that.

Actually there's 2, transferable full autos is the other one.


Like Tim said I wasn't joking, I never really considered it until a fellow board member mentioned it to me just this last weekend. I've started to do some digging and it's amazing how much appreciation is there, and how liquid it can be once you own it/atf forms clear.

Land is also one that I would be keyed into, but just owning land doesn't do you much good unless you want to live or recreate on it, or it holds some other intrinsic value. Ie if it's not for personal use long term, you need to do your research wisely and carefully. It can also be hard to move if you need quick cash. Yeah it can be leveraged but then you're paying someone else interest on something you already owned.

[Lurch]

Actually there's 2, transferable full autos is the other one.


Like Tim said I wasn't joking, I never really considered it until a fellow board member mentioned it to me just this last weekend. I've started to do some digging and it's amazing how much appreciation is there, and how liquid it can be once you own it/atf forms clear.

Land is also one that I would be keyed into, but just owning land doesn't do you much good unless you want to live or recreate on it, or it holds some other intrinsic value. Ie if it's not for personal use long term, you need to do your research wisely and carefully. It can also be hard to move if you need quick cash. Yeah it can be leveraged but then you're paying someone else interest on something you already owned.

Funny you should mention full auto's, this is exactly what I did with some extra cash.

[rockhound]

dividend stocks, land, precious metals, pay off any debt you have, contact a financial advisor

if you are one to take advantage of a situations , stock up on ammo, it wont belong before they find another reason to cause panic pricing.

[CO Hugh]

This.. plus 2% origination. Want some crazier hard money portfolio? Get into minority owned liquor store, dispensary, etc etc.. Those guys would accept 24% on property backed hard money loan.


Other high yield % businesses includes.. property backed hard money lender, pawnshop (240% APR or more), paycheck cash and few others. Easiest job in the world - selling money!

Medium yield and safest bet? Rental portfolio.

Many charge 4-5% origination for hard money. Sometimes the mortgage broker gets most of it, all depends on the agreement.

Watch out for Frank Dodd. Recently had a case and if it is an owner occupied loan there are a bunch of regulations limiting the interest rate, fees, and mandating specific disclosures.

Traditionally Loan to Value (LTV) was less than 60%.