That means a lot in today's world where so
few private money lenders actually follow through.
If you have bad credit, knowing
a few private money lenders is a must.
Not exact matches
Private lenders can provide
money much faster than banks and if needed, they can provide funding in as
few as 24 hours.
If you ask me, this year is likely to see even further growth in the scam, especially since more and more people seem to be getting desperate in their attempts to collect
money, but also because the IRS actually has outsourced a
few of their collection activities to
private lenders... for the first time ever.
These are just a
few of the reasons you could find yourself needing a
private money lender sometime in the near future.
This down payment requirement is often higher than what is required from banks and credit unions but the trade off is that
private money lenders have far
fewer requirements for loan approval.
I get a chance to deal with quite a
few different hard
money lenders and
private money investors and when asked what are their top...
She would like to use a
private money lender to do a
few extra deals per year.
It requires some experience before
private lenders will easily trust you with their
money, but after a
few successful deals, I think most investors could go this route.
As with any industry, there are a
few predatory practitioners, but the vast majority of hard
money and
private capital
lenders are reputable
lenders who want to help borrowers, not take advantage of them.