Thousands Sucked Dry By Hard Money Parasites - How To Avoid The Loan Leech! (Ezine Ready)

And the sad thing is, a real hard money lender doesn't go near a deal that's been picked over. It doesn't have to be this way. There are simple indicators you can learn to help you deal directly with the real private money lender. If you follow these basic rules, you will save yourself considerable time, frustration and heartache. Rule No.1 - If they ask for an upfront fee, laugh, scream "leech" into the receiver and hang-up the phone! Who knows, maybe you'll freak one out and he'll change professions. Rule No. 2 - Real hard money or private money lenders know EXACTLY what they are looking for and will tell you (always during the first phone call) if your deal fits their criteria. If the agent or broker is not sure, staggers a bit and has to check, again, hang-up the phone! Rule No. 3 - Don't throw out your deal for everyone to look at. Go at it one investor at a time. Remember, real lenders know when a deal has been handed around...picked over deals are already dead! They won't even look at them. Rule No. 4 - Do a web search on the company, group or individual to see if there is any derogatory information floating around about them. If you don't find anything at all that's OK. There are only a handful of real investors in every area and they generally are very private individuals or small groups. Rule No. 5 - Try to deal with someone local if you can. It's easier to check them out and get a good read on them. Rule No. 6 - Most genuine private investors and their representatives are pretty laid back. It's the over exuberant or hyper individual I would stay away from.

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Popular Dr.S.S.Chaugule - Authors Articles - ArticlesBase.com Dr. S.S. Chaugule M.B.A. (HR) , M.A. (Eng.),M.A. (Soci.) M.Ed. M.Phil. (Edu) LL.B. (Spl.)Ph.D. (Edu.) presently working as Reader & Head, Special Project Research Center, Vice Chancellors Office, YCM Open University, Nashik. having a total experience of about 37 years out of which 17 years experience is of from Distance Education , especially as a Counselor, Coordinator, Evaluator, Book writer, developers of self instructional materials and Counselors’ Hand Books. And also worked as a Paper Setter and Researcher. Many research projects were completed and also many training programs were conducted for Coordinators & Counselors of the Study Centers. There are six books out of which five are prescribed as a text books at the university level, ten are as Counselors’ Training Guides and three are Books Reviews.

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