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Updated over 8 years ago,
Private Money Lender - How to Qualify the Lender?
We are seeking to use Private Money Lenders to fund our individual fix and flips (Project Funding). We don't know the Lender personally, and desire to check to see if they are legitimate before we move forward.
What "due diligence" should we perform to confirm the integrity of the Lender?
What other measures should we take to protect ourselves, our company, and our project property?
Thank you...
Mark