Pleasant Hill, CA · Member since 2015 · 3 posts · 0 votes
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.
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?
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.