How I Got Into Lending Money 👀

Just the smaller loans. When did you start that? When interest rates started going up. So a couple of years ago, the first loan I did, I probably should say that one, but I did a personal loan for someone when I was 18 in the amount of $25,000, not collateralized. And I was like, oh, this is cool to get interest on my money with no work, right? Passive income for the most part. But I was like, okay, but it's not collateralized. That's super high risk. And I can't just trust everybody to pay me back. And then I get another loan for $100,000 uncollateralized to a really, really good friend of mine that I tr. And he was able to take that 100,000 and basically turn it into a million. And I charged 10 grand a month for the money. And that's when I realized what people would pay for quick cash. And that's when I started doing, you know, 100,000, 50 to $100,000 cash out refinance loans or fix and flip loans or anything like that. That was backed by real estate. And that's where it all began. And that was a few years ago that I really started doing that.