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Updated about 9 years ago on . Most recent reply

Christopher Salerno's profile image
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Christopher Salerno
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  • from Caldwell, New Jersey
  • Member since Aug 29, 2015
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Christopher Salerno's profile image
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Christopher Salerno
  • Professor
  • from Caldwell, New Jersey
  • Member since Aug 29, 2015
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Christopher Salerno
  • Professor
  • Caldwell, NJ
2
Votes |
12
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General Real Estate Investing

I'm interesting in Lending Hard Money in New Jersey

Christopher Salerno
  • Professor
  • Caldwell, NJ
Posted

Hi, Folks. Any advice for someone looking to get into the lending of Hard Money in Northern New Jersey? I don't know anyone in real estate here. 

Thanks,

Chris

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Donald Dienst
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  • from Lincoln Park, NJ
  • Member since Sep 1, 2015
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Donald Dienst
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  • from Lincoln Park, NJ
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Donald Dienst
  • Engineer
  • Lincoln Park, NJ
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Donald Dienst
  • Engineer
  • Lincoln Park, NJ
Replied

What terms are you looking to give? What wont you lend on? I am looking for deals if I find one should I contact you?

If you are new to hard money lending, I think there are laws you need to research. Like I think there is one for if you are going to originate more then X loans per year you need a license.  I am not a lender so I am not sure.

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