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Updated over 8 years ago on . Most recent reply
Private Lenders Directory
Has anyone had any experience with the people in the Private Lenders Directory and, if so, are they legitimate lenders or scammers?
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#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
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#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
yup just my personal opinion.. a private lender is known to you. like if your getting your teeth cleaned and your dentist is moaning about making 1% on his SIDRA or does not like the stock market and you can talk to him about a real estate deal.. that is a private lender in the strictest meaning.
Many HML are now advertising they are private money .. with the nuance that borrowers will somehow think they are cheaper than HML.. its all marketing perception. I have been both most of the last 20 years.. owened and ran a farily large HML shop and private lending.
- Jay Hinrichs
- Podcast Guest on Show #222
