$12,500 DD fee on a $30mm loan?

Be prepared to bend over.


Quote Originally Posted by brandondresslerpfg View Post
Client has his funds tied into the project and is needing $12,500 for a Due Diligence Fee in order to secure loan. The client is committing to paying back investor $25,000. Funds will be paid back once the loan goes through. The lending process takes three weeks for due diligence and then two weeks after that to fund. Please give me a call and we can discuss the deal in more detail with myself and the client. Thank you.

815-878-0244