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**TeapseTic** · 08-16-2012, 07:57 PM

Associate with a trustworthy lawyer (somewhat of an oxymoron) and start giving out loans backed by property titles. The lawyer comes into play because you need him/her to look into the property to see if it has any other liens and also incase you have to transfer the title to your name/company.

Unless you are Dominican, and from here (not grown up in the states), have friends in high places, this is a very, very, very risky business with a lot of headaches and trouble, of which i will not go into right now, but i would steer very far away from this kind of business.

Frank

08-16-2012, 07:57 PM	#9
TeapseTic Join Date Oct 2005 Posts 517 Senior Member	Associate with a trustworthy lawyer (somewhat of an oxymoron) and start giving out loans backed by property titles. The lawyer comes into play because you need him/her to look into the property to see if it has any other liens and also incase you have to transfer the title to your name/company. Unless you are Dominican, and from here (not grown up in the states), have friends in high places, this is a very, very, very risky business with a lot of headaches and trouble, of which i will not go into right now, but i would steer very far away from this kind of business. Frank
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