Tag: Online Private Lending
How to Match the Lender to the Loan So That It Will Work For Everyone?
February 20th, 2009, No Comments
There are so many issues with the real estate market in 2009. First there is the foreclosure mess and the resulting banks tightening their guidelines. There are seller’s that have unreasonable expectations about housing values. There are buyers with unreasonable expectations about housing prices. As an investor we are stuck in the middle.
Another thing that [...]
Private Lending Takes Off
December 3rd, 2008, 3 Comments
With the current state of the economy, private lending has become an even more viable option for consumers seeking to borrow money.
Chris Larsen, CEO of Prosper.com, says the credit crunch has been great for the online private lending business. His company went from making $26 million in 2006 to $81 million in 2007. Talk about [...]
