All Forum Posts by: Yin Choi
Yin Choi has started 2 posts and replied 2 times.
Post: is 4% hard/private money loan too good to be true?

Yin ChoiPosted
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I happen to come across a loan that charges 4% fix, is it too good to be true?
Also, one of the terms is: "Borrower are to provide processing fee of the loan amount upfront after pre-qualification prior to Approval which is to be refunded at the closing of the loan.", is it a normal practice?
Hi all, anyone has lot subdivision experiences? I want to buy a property that is large enough to subdivide it into two lots based on my research. I will go to the county planning office to check the requirement, but Who else do I need to consult before committing myself into this purchase? Thanks in advance