Posted by Greg on June 03, 2004 at 21:44:08:
I have an opportunity to make a short term 2nd position loan (nice home, plenty of equity behind the new proposed note; solid borrower, but I would be happy to take the property if it came to that) to the homeowner, with a nice yield. Question is, as a private party, one-time lender, are there any lending rules and regulations that I need to be aware of, like 3 day recission, truth in lending, or others??
- Re: Can I Legally do This? Lyal 12:50:47 7/21/2004 (0)
- Re: Can I Legally do This? les gee 02:18:41 6/11/2004 (0)
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