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risk of loaning to friend secured by equity in a pending home sale
risk of loaning to friend secured by equity in a pending home sale They have already borrowed a bit, and seem not to take the hint that rapid consumer price increased have increased the value of that small amount quite a bit. Now they want a bit more to float them until the property sale. With a 7% return for me when they sell the place. What would it cost me to extract that loan money, once the sale is done? ...
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