Private Money Lender Verification

[Kim Carter]

I am new to borrowing from private money lenders. I have been speaking with loan officer for Pamela and Robert Smith Investment Limited Partnership based in Bakersfield CA. I am looking to build a long term relationship. Has anyone worked with them? What was your experience. I asked for referrals but wanted to put out feelers.

[Jay Hinrichs]

Originally posted by @Odie Ayaga:

@Amber Smith what was the lender you were able to get the loan from?

CA has the lowest rates in the country for HML NJ has about the highest has to do with foreclosure process.

and competition.. tons of money in CA  chasing too few deals.. 

in NJ it takes years to foreclose so risk is higher therefor rates are higher..

jan 2020  2 and 8.25 was offered by Lima one  and a host of CA lenders Civic  Anchor  Conventus Lendinghome  etc etc.