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And don't even get me started about all the things that have happened to friends and family b/c someone co-signed or put someone on their account. In some situations the best loan may be a secured loan with a low interest rate, while in other situations the best loan may be an unsecured loan with a slightly higher interest rate. The result is the same 13 payments were received at the end of a 12-month period.
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And he needs to get out of these properties AS QUICKLY AS POSSIBLE, with no pretense of sweet deals or mentorings from Rich Dad or savvy Chris. The process by which a decision is made whether or not to make a loan to a potential borrower. Investor had an appraisal done which came in at 318,000 after repair.
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