Wednesday, May 6, 2009
A little patience pays off...
I am happy to say a private investor stepped up to take the loan scenario that I posted previously.  It is my second loan for this investor, who is giving White Knight another chance since the first loan he did with us over a year ago is panning out nicely.  He agreed to loan the borrower approx 80K (53% LTV) at 13 % interest and two points, for two years.  He is not requiring an appraisal.  If you want to earn similar returns on your cash, contact me for a referral and lets get going!
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