All Forum Posts by: Rick Laszlo

what Christopher says is true to some extent, private money lenders will look at a recent appraisal especially when you have cleaned up the foreclosure and if its rented. Banks arent willing to lend based on appraisal they look at the purchase price.

Lend out your money ....low loan to value properties

You can earn more than 7% 

You can find 12 to 18% customers who pay more on credit cards....will use property to lower their payments

Mortgage lending...you can lend at 12 to 18%...that's OK....however if you lend to people who are not likely to repay you can pickup their property when they default for less than a down payment. 

Lend on properties...second mortgages on low loan to value properties. You can earn 10 to 20% which is better than CAP any day. Lend to those likely to not pay...lol ? You can buy the property for less than a down payment. Just a thought.

Cody..what do you do? What are you trying to get started? Are you a buyer? Lender?