Financing in Chicago>Question Details

Rannoon, Home Buyer in Chicago, IL

does any one know about this private lender COLLINS J ROBERT TRUST?

Asked by Rannoon, Chicago, IL Tue Jul 3, 2012

phone number? email address?

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Answers

4
Rannoon,

Have your attorney read all docs before you sign anything. Understand your risk and costs with private money.

Best,
Ivan Sagel
312-515-7823
IvanSagel@DwellOneRealty.com
0 votes Thank Flag Link Thu Jul 5, 2012
Yes, with a private lender, you will generally be paying interest out the nose. You should only work with a private lender that has very very strong referrals from folks you know and trust (or IS someone you know and trust already).
0 votes Thank Flag Link Wed Jul 4, 2012
Private lenders are tough to find, and finding a good one can be very difficult. I suggest doing some research on the person you choose before giving them a lot of personal information.
0 votes Thank Flag Link Wed Jul 4, 2012
Obviously be very careful if you want to deal with a private lender. Have an attorney review all paewprk before you sign anything.
0 votes Thank Flag Link Tue Jul 3, 2012
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