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Updated almost 2 years ago,
Private Lending Strategies
Good morning,
I currently own 2 properties and looking to acquire a 3rd property. I am struggling to understand private lending and the way banks see this. My lender has told me that the only way I can borrow money from someone else is to have it gifted, they have to show proof of the funds were in their bank for 2 months. Is this the way it should be or are there other lenders that view this in a different way?