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An Education in Private Lending by Bruce E Dinger, CEO Kennsei Trading, Inc.
By reinvestor on November 23, 2016
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A private money loan is a loan that is given to a real estate investor, secured by real estate. Private money investors are given a first or second mortgage that secures their legal interest in the property and secures their investment. As REI,when we have isolated a home that is well under market value, we give our private lenders an opportunity to fund the purchase and rehab of the home.
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