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Private Lending & Conventional Mortgage Advice

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99
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Johanna R.
  • Investor
  • Long Island City, NY
15
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99
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How to Vet a Private Lender

Johanna R.
  • Investor
  • Long Island City, NY
Posted May 7 2015, 11:24

Hi All,

I've been shopping around for portfolio loans to refinance some of my rental properties.

I was contacted by another BP member who has has private lenders who said he and his partners can help me refinance - his rates are a bit better than what Ive been finding.

It's easy enough on his end to look see my credentials via credit checks - how do you vet a lender to know if they're legitimate?

Thanks!

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