Private Hard Money Lender


Oh, we were all making " rel="nofollow"> moneylender singapore , but those of us who invested heavily in real estate pre-2007 were playing with monopoly money. Everyone in the country was not buying and selling real estate (even though it seemed at times they were). The "Ordinary Joe" who worked a 9 to 5 job was seeing increases in pay of less than 2% ["In 2007, the "real" (adjusted for inflation) median annual household income rose 1.3%" (1)] while real estate clipped upwards at 7% per year (2). money lenders as "they aren't making any more land" and "People will always want real estate" are still true, but they have nothing to do with the price of tea in China, or a condo in Destin.

If they lend outside the requirements, they won't be able to sell that paper but a true private that's not recapitalizing or selling paper gets to make their own rules.

Unlike credit card or money lender singapore , home equity loan interest can be written off in some cases. In order to take advantage of this rule, you need to be able to itemize your deductions. licensed money lender singapore on loans of $100,000 or less qualifies. Other restrictions apply, so check with the IRS or your tax accountant.

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