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Updated over 6 years ago on . Most recent reply

Bob Blackburn's profile image
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Bob Blackburn
  • Member since Apr 9, 2018
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Bob Blackburn's profile image
Bob Blackburn's profile image
Bob Blackburn
  • Member since Apr 9, 2018
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Bob Blackburn
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10
Posts
Private Lending & Conventional Mortgage Advice

Private Lending-Second Position Note (Birmingham, AL)

Bob Blackburn
Posted

I have an opportunity to provide a loan around 12k with an interest rate of 30%. The borrower has about 200k equity in his home. He has bad credit, and outstanding debts that he needs to pay (hints the loan for 12k). Any advice on how to proceed would be helpful. Thanks

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