Updated almost 9 years ago on . Most recent reply
private money on demand
Has anyone used this system Private money on demand
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- Real Estate Consultant
- Summerlin, NV
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@Account Closed I can tell you how to do this for FREE.
all they are doing is searching public records.. in most counties there will be a listing on who the lender is.. and if its not a big bank.. it will say private... or even the name of the LLC or trust or IRA that did the loan.. that's your private lender.
and these folks don't lend at 4 to 8% .. that silly.. they may do that for their direct family but not for strangers.. there is some big misnomer going on that private lenders are Cheap or cheaper than hard money are not to swift and are simply begging folks to borrow their money at these low rates.
Nothing can be further from the actual truth.. this is simply a way to sell you public information.
I will sometimes have my title company give me a run of all private loans in a county.. just to see if I see any big players..
- Jay Hinrichs
- Podcast Guest on Show #222
