Oregon Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Private Money Lending
I am considering loaning some money for a "private money" transaction in Oregon. All of this will go through a correctly licensed mortgage company and individual.
The borrower will use the money to acquire a property with a home on it. The home will be the borrower's primary residence.
Does anybody know of potential issues related to foreclosing on a borrower's primary residence with a "private money" loan?
Thanks,