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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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HomeForumsBuying & Selling Real EstateWhat to look for with private lenders
Sean Salandy's profile image
Sean Salandy's profile image
Sean Salandy
Pro Member
  • from Kent County, Delaware
  • Member since Jan 19, 2014
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Sean Salandy's profile image
Sean Salandy's profile image
Sean Salandy
Pro Member
  • from Kent County, Delaware
  • Member since Jan 19, 2014
Connect
Sean Salandy
Pro Member
  • Kent County, DE
22
Votes |
147
Posts
Buying & Selling Real Estate

What to look for with private lenders

Sean Salandy
Pro Member
  • Kent County, DE
Posted Nov 2 2016, 04:55
I received an offer through Craigslist from an individual to privately loan money towards the rehab cost of a property I own free and clear. What types of things should I look out for? People often say there are scammers on Craigslist. Just looking for questions to ask and ways to safeguard the transaction. Thanks.
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