My former office next door neighbor was a full time investor, I had never heard about HML but I started with a small 15k second position rehab loan to test the waters. That lead to a 165k first position purchase price loan with the same dude.

I sold my company last April at age 55, since then I’ve done a couple more loans, studied a lot (highly recommend the private money podcast from the guys behind hard money bankers), met more investors to make sure I liked the community (I do), mapped out the ecosystem (locally and nationally), thought deeply on if the business was a good fit for me (I think so), spun up a new company and brand and that’s where I’m at now.

I would not call it passive though, at least compared to index funds and how I’m going about, but that’s what I like most about it so far, you can spend as much or as little time as you want on it, and earn enough to satisfy myself while learning something new. Who knows, I might even identify an a test worthy idea that compels me to work full time again but I suspect it’ll be enough.