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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 3 times.

Starting Out

Post: How to find a short term private loan for an auction property?..

Account ClosedPosted
  • Pleasant Hill, CA
  • Posts 3
  • Votes 0
Originally posted by @Account Closed:

Hello....I'm a widow, who was able to buy an auction property with cash in the Bay Area a few yrs ago. Interested in buying a bigger Auction home now. Where can I find safe/legitimate investors, are there any pre-payment issues and what interest rate would be typical for a short term loan? Thanks for any Help/Advice.

Linda

0 Votes
Starting Out

Post: How to find a short term private loan for an auction property?..

Account ClosedPosted
  • Pleasant Hill, CA
  • Posts 3
  • Votes 0

Not even sure such an option is available/ wise but was just wondering & if so, how does it work with a short term loan, Is the interest usually much higher?

0 Votes
Starting Out

Post: How to find a short term private loan for an auction property?..

Account ClosedPosted
  • Pleasant Hill, CA
  • Posts 3
  • Votes 0

Hello....I'm a widow, who was able to buy an auction property with cash in the Bay Area a few yrs ago. Interested in buying a bigger home now but don't have enough liquid cash. If I were to win the bid I'd sell our current home to pay off any Money loaned. Where can I find legitimate private investors ? Also, typically how long are the loans and what interest rate would be typical.? Thanks for any Help/Advice.

Linda

0 Votes