Private Lenders Email Marketing

[Eric Coats]

I’ve received a few marketing emails from private lenders with 100% financing and really amazing terms. Almost too good,4-5%. Are these legit or is this some kind of a scam. Trying to see the scam angle if they would send the money to the seller directly. I would love to get a great rate but don’t want to pay some fee then the loan never getting funded. Sounds like they would fund me the cash to make a cash payment. 

Anybody have any thoughts or experience with this