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Updated almost 6 years ago,

User Stats

178
Posts
187
Votes
Aaron Millis
  • Rental Property Investor
  • Montgomery, AL
187
Votes |
178
Posts

Private Lender Vetting

Aaron Millis
  • Rental Property Investor
  • Montgomery, AL
Posted

Hi BP,

This actually is not something I thought about until reading a recent popular forum about private lending scam artists... but does anyone have any advice for vetting private money lenders for first timers? Any big reasons to run away from a potential lender? What information to expect them to ask for? What upfront fees to expect, if any? etc.

Thanks

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