Also called: Hard Money Lender, Fix-and-Flip Lender
Makes short-term, high-interest loans to real estate investors who need money fast to buy or fix up properties.
A house flipper needs $250,000 in 10 days. You visit the property, check her past projects and fund the loan, then track the renovation before releasing more money.
Income depends on how much capital is lent out.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
No formal education, about 4 years after high school. No degree required; real estate experience and access to capital. State licensing varies.
Ways in: On-the-job training, Self-taught, 4-year college. Training cost: Under $15k.
Majors to look at: Finance, Real Estate.
Growing about average. Grows when banks tighten lending.
Low risk in 5 years, medium in 10. AI screens deals, but judging fix-and-flip borrowers, visiting properties and deciding to lend your own money stays human.
Classes: Business class, Construction CTE, Personal finance class.
Official data: O*NET occupation 13-2072.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.