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Updated over 8 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Wholesaler
  • from Phoenix, AZ
  • Member since Dec 25, 2014
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Wholesaler
  • from Phoenix, AZ
  • Member since Dec 25, 2014
Connect
Account Closed
  • Wholesaler
  • Phoenix, AZ
10
Votes |
97
Posts
Private Lending & Conventional Mortgage Advice

Any Private Lenders With 7% Interest Or Better ?

Account Closed
  • Wholesaler
  • Phoenix, AZ
Posted

Hello Investors,

Does anyone know of any private money lender with better rates than 7% and loan term for 5 years for more ?

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John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
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John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,551
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

Ask everyone. It was a chance conversation with an attorney that lead me to one private lender. Ask family. Friends. People at church. Everyone. Make offers such as "I will pay 6%. That is much better than any bank. If you do that, make sure and explain how they will be protected to give them reassurance they are making a safe investment.

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