Bill Bronchick reviews the due diligence and logistics of doing a hard money loan where YOU are the lender.
He describes the due diligence on 4 key elements:
- The borrower
- The deal
- The collateral
- The paperwork
Bill also stresses using an attorney to manage a good set up forms to make sure no stone is left unturned, and to make sure you are in compliance with any loan regulations that might apply.
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