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Updated almost 3 years ago,
How to choose lenders
Hi,
I am new in Real Estate investment. I am looking for a rental property and I need to borrow some money. I have some questions/concerns. What can go wrong during borrowing money from private lenders or hard money lenders? What should I look for in a lender?
I talk to one lender, but their site seems shady. There is no information about the company on their website and the pictures of their references are stock photos. Now I don't know who I can trust lenders and what are the possible ways that I may go into a wrong deal? I appreciate your comments! Thank you.