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Started By
Message
re: Private Lender
Posted on 9/27/22 at 11:38 am to Hermit Crab
Posted on 9/27/22 at 11:38 am to Hermit Crab
quote:
why doesn't he go to a hard money lender? They aren't cheap, but they do exactly what he wants.
You answered it yourself. You go through hard money when you have no other options.
His friends can set their “market rate” as well. If both parties agree to it, and it’s mutually beneficial to both parties, sounds like a good idea.
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