149-TNG Radio – Craig Hill 11-21-09

This week Bruce is joined by Craig Hill. Craig has been handling The Norris Group’s hard money loan business for over ten years, and he is a trust deed investor himself.

Bruce begins by asking Craig what the difference is between Craig’s California private lending business and other lending businesses such as Bank of America or FHA. Craig says that there is not as much of a difference as people think. The main difference is that you are lending to a different client and for many reasons. Craig has the ability to lend within a shorter time frame, and he will lend on properties that banks would lend on due to conditions. Craig’s business deals to people who have more need for a quick loan.

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