I was recently looking at a Property to lend on just west of Denver.  The borrower paid 3m cash for the property a few months ago.  He requested a loan of 750k.  Sounds like a no brainer loan as the property was in a great location.  There was one problem that the buyer was not aware of that made this property essentially worthless.   I couldn’t...

The post How to lose 3m in real Estate Overnight by a simple/common mistake appeared first on Fairview Commercial Lending.