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Updated over 7 years ago,
what questions shall I ask when choose the borrowers
I am fairly new to private lending, never lend it in US before. what questions shall I ask when to choose the borrowers?
Here are the lists I have, please let me know if I miss any important information before I lend the fund out.
I asked the reference, track records,
the project information the borrowers are working on
LTV information
The length of contract..
The promissory notes information...etc.,
Thank you so much in advance