The real estate market, particularly where lending is concerned, can vary greatly depending on whether a property is purchased for consumer use or business use, or whether the proceeds of a private money loan secured by real estate will be used primarily for business needs or personal needs. This is because the rules and regulations on loans can be quite different depending on whether the loan is a business-purpose loan (such as purchasing an investment property, or taking out a loan secured by an existing property where the majority of the loan proceeds will be invested in a separate business)... The post Navigating Consumer vs. Business Purpose Lending in Real Estate appeared first on Westpark Loans.

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