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Writer's pictureGary Smith

Commercial Real Estate Access to Capital: The Barrier to Entry (Part 3)

African American private money lenders use the same U.S. currency as other private money lenders, so developing a relationship with a private money lender has many benefits. Speed is probably the largest advantage a private money lender can offer. Funding can be secured extremely quickly, and the qualification process is much less laborious and intricate. In most situations, a deal can be completed and funded within a couple of weeks instead of months.

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