ok, I got it. This is kind of bridge loan. That is a different s

来源: worriedmom1 于 2010-08-30 19:55:38 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (257 bytes)
回答: 何以见的? 他自己不拿钱出来吗? 由 worriedmom1 于 2010-08-30 19:49:38

Hard money lending is subject to collateral risk, bridge loan is not.

But bridge loan, so far as I know, charges 18% per annum under today's markets.

The risk is whether or not a bank will finance the deal after bid landlord gets the title?

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