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Yes, that's exactly the point of the post (NT)

Posted by Rick, the Probate Guy on June 23, 2009 at 9:45 PM

In Reply to: what about looking for a lender, not an investor posted by Skimmer on June 23, 2009 at 9:37 PM

: Hi Rick,

: What about I want to cash out my free and clear property, and looing for a private lender, advertises some like, xx% interested, secured by first Deed of trust, etc? Does it also fall in the catagory?

: Skimmer

:
: : Several people I know continue to use tag lines on their emails advertising the interest rates they'd offer would-be trust deed lenders. I'm not aware of any of these folks being licensed.

: : I’ve had private conversations with a few people warning that this is really bad business and fraught with danger from several different angles and agencies. Here’s yet another one:

: : http://www.creonline.com/wwwboard/messages/85043.html

: : All I can say is, “if you hang around barber shops long enough, you’re eventually gonna get a haircut."



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