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Updated over 9 years ago on . Most recent reply

Ruslan Laranjo's profile image
Ruslan Laranjo's profile image
Ruslan Laranjo
  • from Medford, Massachusetts
  • Member since Jul 16, 2013
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Ruslan Laranjo's profile image
Ruslan Laranjo's profile image
Ruslan Laranjo
  • from Medford, Massachusetts
  • Member since Jul 16, 2013
Connect
Ruslan Laranjo
  • Medford, MA
2
Votes |
40
Posts
General Real Estate Investing

"Bridge loan" ?

Ruslan Laranjo
  • Medford, MA
Posted

Hi everyone. I have a certain coworker who is an investor in real estate. He mentioned that he is looking for around 5000 because banks do not loan out so little. Is anyone aware of this? I ask because he is offering 20% interest back in 3 days. It seems too good to be true. However he is offering paperwork from his lawyer so it seems he is covering all his bases which makes me feel more secure.

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