Private money lender registration fee
hi all,
We have a property under contract and we are seeking private money lender to fund the gap. A private money lender approached us on Facebook and is willing to fund the full Gap. However, they would charge a one time registration fee upfront and can't roll into the loan. Has anyone worked with a private money lender who charges a fee? Is this a scam or normal? How can we know if this is legit? Please help us ASAP. Thank you.