Alright, So we have three types of lenders, the first type is pretty rare, and we only have 1 of them. And those lenders have around 50 million dollars.
The kind of lender that I never talk to, they aren't looking to make a lot of money, they just want to preserve their money. And they know investing with us is safe.
So, those are the people we typically use their money for rentals, really long term, 10, 20, 30 years.
All they want is a stable check every year, and they usually charge us 6-8%. They just want to make more money than a 401K, the stock market, or anything else. Right? So that's the Lender 1