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There is a wide variety of private money borrowers. These individuals borrow private money versus institutional
money from banks, credit unions, savings & loans and other lending institutions, because they feel hard money
will serve their purposes better. Borrowers may be one or a combination of the following:
- Real estate builders and developers
- Short term property investors looking for fast purchase funds
- Investors needing quick, short-term capital form their current properties
- Divorce buyouts
- Rehabilitation funds for properties ranging from single family homes to commercial buildings
- Credit challenged borrowers
Diamond Bay provides flexible lending terms to a variety of Borrowers. Because the loan
consideration is based heavily on equity position, private lending provides a convienent and safe
alternative to institutional lending.
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“We make a living by what we get, we make a life by what we give.”