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Updated 5 months ago on . Most recent reply

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Christopher Alley
  • Chester, SC
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private money

Christopher Alley
  • Chester, SC
Posted

should a private lender ever ask for a 1% insurance payment

Before completing a loan?

Has anyone ever used privatemoneygoldmine before?

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

Up front fees (outside of appraisal fees) are typically a red flag when dealing with a HML.

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