Shad Long, Chief Investment Officer with Verdeo Capital, a Sacramento area private money lender answers the question “What is Private Lending?”
- What is a Private Money Loan?
- Who qualifies for a private money loan?
- What if I have negative credit or credit blemishes?
- What is an Exit Strategy?
Unlike conventional institutions, Private money comes from individual investors who invest in real property. Borrowers who find themselves with negative credit situations, credit blemishes or multiple properties are considered because every situation is unique. More importantly than getting into the loan is ensuring a solid Exit Strategy or how to pay off the loan when it’s time. Shad goes into detail about what this looks like.
If you would like to talk to someone about obtaining a Private Mortgage…
Call Verdeo Capital today at (916) 580-1240 to review your unique situation.
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