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Updated about 7 years ago,
Vetting a Private Lender
Good Morning,
What are the ways to vet a private lender? I put a posting in the marketplace and have had a number of private lenders contact me. Some have more information available online than others and I'm wondering in what ways can I authenticate or vet a private lender.
One who approached me via email has scant information available online but quickly offered to fund my deal at what I thought was a very low interest rate. Something about it feels too good to be true.
Any thoughts on how to do background on a private lender?