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Updated over 1 year ago on . Most recent reply

User Stats

75
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19
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Susan V.
  • Investor
  • Menifee, CA
19
Votes |
75
Posts

Private lender; no credit score or equity requirement; personal loan; pay fee upfront

Susan V.
  • Investor
  • Menifee, CA
Posted

Too good to be true?  I happen to communicate with 3 this week.   2 of them use namecheap.com to register their domains.  Was there some type of "guru" pitching and people got into this private money game around the same time with similar concept but have no idea what they're doing?  Are they really equipped with private funds but are new to lending? 

The third "private lender" stopped communicating after I asked too many questions -- maybe I'm tough to deal with?

Any insight?  If you truly have a private lender that does not look at credit score or equity, please let me know.

I need to get contractors paid and units rentable -- no time to waste.

Most Popular Reply

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4,576
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4,417
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,417
Votes |
4,576
Posts
Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Joe S.:

There are a lot of scams going on these days. And what you described sounds a whole lot like one of those.


 Agreed

  • Robin Simon
  • [email protected]
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