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I understand that private money investors charge large interest rates because naturally they’re going out on a limb and want to make their money work for them. So, my question is: Do those types of investors generally invest in rental property where there isn’t a quick turn around on their investment money?
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November 14th, 2010 at 1:01 pm
They usually lend the money for flipping of homes or other investments where it is a fairly quick return