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Private Lending & Conventional Mortgage Advice

User Stats

15
Posts
1
Votes
Tania Ninerell
  • Voorhees, NJ
1
Votes |
15
Posts

Fake private lenders

Tania Ninerell
  • Voorhees, NJ
Posted Dec 2 2016, 01:55
I am new to real estate. I found a private lender. He is willing to give me 100% with 3% interest on a $150 k loan. He said he needs my bank account to deposit the money. Does this like a scam or is it legit? How does one know? I don't know how it works. I would appreciate feedback.

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