Updated about 9 years ago on . Most recent reply
Any Private Lenders With 7% Interest Or Better ?
Hello Investors,
Does anyone know of any private money lender with better rates than 7% and loan term for 5 years for more ?
Most Popular Reply
John Thedford
#5 Wholesaling Contributor
#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
Ask everyone. It was a chance conversation with an attorney that lead me to one private lender. Ask family. Friends. People at church. Everyone. Make offers such as "I will pay 6%. That is much better than any bank. If you do that, make sure and explain how they will be protected to give them reassurance they are making a safe investment.