PRIVATE LENDING FROM A LEGAL STANDPOINT
4,498
2022-07-07に共有
In today's video, Hussein shares all the details one should pay attention to when it comes down to evaluating a deal and some tips and tricks to avoid losing money on a private lending deal.
If you are in the business of lending money or borrowing from private lenders, you’ll find this video very valuable.
PS. This is not legal advice. Please speak to your lawyer for personalized advice.
To contact Hussein:
Email: [email protected]
Call: 289-266-0553
If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible.
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#privatelending #Mortgage #privatelender #Firstmortgage #Lineofcredit #LOC #Borrower #Lender #Loantovalue #LTV #lenderfees #firstcommitment #risktolerance #Alender #LEIN #BRRR #interestrates
DISCLAIMER:
Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your own legal and tax advisors to ensure you get the best advice personalized for you.
The information contained in this video is for general information purposes only.
The information is provided by ECRB Consulting Inc., RealEstateTaxTips.ca, Cherry Chan Professional Corporation and Cherry Chan.
While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability to the article or the information, products, services, or related graphics contained on the presentation for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
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コメント (8)
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Very helpful video. Really appreciate it Cherry.
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Omg I wish I knew this before. We use a private lander and I cost out almost 15% $6,500 and lawyers fee. We just refinance with a B lander now and A gain have to payed 1% broker fee,lawyers fee,and the last month of interest of $5,300dll for paying earlier. I felt like I got rip off. We didn't have time to navigate other opciones and went for this one thinking was gonna be 9% oh was I wrong big big lessons for me I won't never forgot. Hope people that are watching this videos realize there is other options.
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What is a “commitment” from the first mortgage?
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Great video!
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Great video Cherry and Hussein!
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🔥🔥🔥
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Great content !