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Updated about 4 years ago on . Most recent reply

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Zach Thomas
  • Flipper/Rehabber
  • Illinois
0
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4
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Real Estate investing with private money lenders

Zach Thomas
  • Flipper/Rehabber
  • Illinois
Posted

Good morning, does anyone have an idea how find if private money lenders are legit?

I am talking to one right now, but my stomach is saying something is up. As well as they are asking for an upfront fee. Any feedback is appreciated.

Most Popular Reply

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572
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Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
572
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572
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Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
Replied
Ask that lender for some contact info for their other borrowers. Call them up and ask about their experience. If the lender won't supply these contacts, walk away.

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