Private Mortgage!

[markel]

Hey all,

Private mortgages are very flexible and can assist individuals who are facing an overwhelming amount of debt. A private mortgage can be a first mortgage or it can be a second or third mortgage. When I did a small research about the private mortgages found this blog private lend very interesting. One huge benefit of private mortgage is that there is no government institution or agency monitoring our personal affairs. Just thought of sharing with you people.

 

[REInvestors888]

Yea very true!

 

[Rickson9]

Thanks for signing up yesterday. Maybe some of the forum members reading this were born at the same time.

 

[Tina Myrvang]

I was a private lender and it is a very risky business if you aren't careful.
We did it for years and no hassles until 2008.
That's when it all went bad.....

 

[Thomas Beyer]

Lending, like sailing, baking bread or installing a bathtub is a skilled profession. Some are great and some not so great and all, on average, improve with formal training and life time experience !

Borrowing at 6% or higher in the current market assumes a turn around situation where you can add value quickly, then sell or refi at sub 3% for most deals to make sense !

 

[kfort]

... is this not spam?

 

[ChrisDavies]

... is this not spam?

Yes, it's a spam account. Not a very effective one. I assume spam links will come later.

 

[markel]

Thank you for your replies.