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Updated over 3 years ago, 05/19/2021

D Higgs's profile image
D Higgs's profile image
D Higgs
  • from New Jersey
  • Member since Jun 8, 2019
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User Stats

61
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19
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D Higgs's profile image
D Higgs's profile image
D Higgs
  • from New Jersey
  • Member since Jun 8, 2019
Connect
D Higgs
  • New Jersey
19
Votes |
61
Posts
Private Lending & Conventional Mortgage Advice

Peer to peer lending

D Higgs
  • New Jersey
Posted

Considering hard money loans for flipping venture(s). Through my research noticed companies such as, Lending Club and Prosper.com which are peer to peer lending sites.

Seems pretty straightforward as far as a typical HML- higher interest rate, quick closing, credit check, etc. Wanted to know if anyone could share pros/cons of using this type of loans for REI? Any advice?

Thanks BP!

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