Private Lending...% Rates Paid ?

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can i inquire as to who is having success in acquiring private lending...how you are marketing, length of contracts, payment methods and interest rates being paid...regards, CWal

Comments(2)

  • finniganps18th May, 2007

    You need to add more specifics, like is this a rental, primary residence, LTV, credit score, amount borrowing, etc.

  • cwal18th May, 2007

    Thanks Finnigans...I am referring to private investors lending me money backed by a 1st. TD for a period of 4-5 yrs...fully amortized over 48 to 60 months with a minimum of 25k locked in for that amount of time and paid principal & interest monthly until paid in full in that 4 or 5 yr period...what interest rate would be attractive and who, if anyone, is having success accomplishing this and how...regards, CWal

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