Last week I spoke with a private lender who loaned her own money and brokered here own loans. She operates in Northern Virginia and takes great interest in the borrower. Her operation is small and she does not have any time or desire to foreclose on a property thus she tries to ensure she will not have to by dealing with experience investors who have assets and usually money to put into the deal.
To get a little variation on this topic I spoke with a different flavor of private lender. David Williams is a hard money lender located in Utah. The differences between these lenders are more than just their geographical location.
Meet David Williams, Private Lender
David started in the lending business as a conventional lender. He gravitated towards hard money because he started dabbling in real estate investing himself and quickly saw the demand that […]
Original post by Justin Pierce and software by Elliott Back
Real Estate Flipping Lease With Option