Sunday, August 26, 2007

My Rules When Dealing With Private Lenders That Fund My Real Estate Deals....

This is my business. After many years in a corporate job working for others, I left because I wanted to run my own business my way and that's exactly what I am doing. I am using my business skills to create the kind of company I want. Along with creating my own rules, procedures, and systems within my real estate business, I have rules that I follow regarding my private lenders. A couple of my rules are: a) Make interest payment when property sells b) One private lender per mortgage c) I keep my word Let me further explain what I mean on each of these... a) Make interest payment when property sells... I didn't start out that way. I thought everyone would expect monthly or quarterly payments, so I started paying some early lenders monthly. But after a conversation wit View the rest of this article


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