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Watch Out for Scam Artists When Looking for Private Financing
It so sad that every week there is a story I hear from a private money borrower about a bogus lender or a private money broker who took an upfront fee. Everyone knows that
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Lenders That Collect Upfront Fees May Be Bogus – Do Your Homework
In this industry, there will always be good and bad companies that you’ll come across. The bad lenders are called fee collectors since all they do is collect fees. These are lenders that say
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New Private Loan Programs in Utah – 9.99% APR
Experienced real estate investors and other borrowers have been seeking out short-term loans with lower interest rates. Private Money Utah is now offering the lowest interest rates on private loans in Utah. Private Money Utah is offering
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Watch Out for Bogus Private Lenders
Real hard money lenders are hard to find in both Utah and the Western U.S. There are a lot of brokers and so-called lenders that talk a big game when it comes to hard
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What Is the Difference Between a Hard Money and a Private Money Loan?
I often get the question: “What is hard money?” Hard money lenders have a notoriously bad name, and are usually referred to as, “loan sharks.” Many people who come to us for hard money
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Hard Money Interest Rates Lower in 2010
Since the onset of 2010, interest rates are finally trending downward for hard money loans in Utah and in the Western U.S. And this is obviously good news for borrowers who need non-bank financing
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Interview With a Banker: The Truth About Lending
A banker friend of mine, finally submitted to an anonymous interview with me. I agreed to keep the dialogue in the interview completely anonymous. He admitted some pretty shocking things to me. Things that
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