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PLP-098: 6 Warning Signs Your Borrower May Be In Trouble

6 Signs your borrower may be in trouble 1.     Sudden lack or stoppage of regular communication 2.     Late payments/returned  3.     They ask you if you can lend them “just a little more” 4.     You have to chase them for an update 5.     They don’t want you visiting the property 6.     Talk about changing exit strategies that require you to “stay in…

PLP-069 Background Checks And Why You Should Use Them

PLP 69 | Background Checks

  Lending money can be difficult. Any good investor should understand the importance of doing background checks prior to finalizing any transaction. Who to loan money to can often be decided through that person’s reputation. No one would want to fall on the empathy trap and end up trusting the wrong person. Predicting and verifying…

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