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Updated over 1 year ago on . Most recent reply

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37
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15
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Jordi Valado
15
Votes |
37
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Private Money Lenders

Jordi Valado
Posted

Hey All,

I’ve been getting emails from people who are claiming to be private money lenders. Can these be trusted? Has anyone worked with a private money lender like this? I do post my email on different groups for deals so I understand how they have my email.

Most Popular Reply

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17,844
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Chris Seveney
  • Investor
  • Virginia
15,350
Votes |
17,844
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Jordi Valado

There are legit private lenders but also many scammers.

If interest rates are below 8%, or they require $ upfront they are scammers

Always always always use a third party escrow company in any transaction with any lender

  • Chris Seveney
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7e investments
5.0 stars
16 Reviews

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