I stumbled on a link to Wendy Patton's website from one of Anitarny's post(sorry if I spelled it wrong). I went to the website because I was trying to get more info on lease options/lease purchase. And I see that she lends money to investors. Has anyone tried using her as a HML? What was your experience? How high were the fee's?
If you have not used her service.... Has anyone one used a sevice similar to hers.
As I have read about Hard Money Lenders, I just assume that people had connections with cash investors that they knew personally. I didnt realize there were company's that actually lend it to help you make the sale. Although it seems amazing, I am extremely skeptical. I am almost positive there are some outragous Fee's or extremely high interest. Or maybe even a scam?
Anyone with incite, please chime in.