Our company will consider making loans anywhere in the USA but you should know a few things.

Obviously it is easier to make loans right here in our back yard of Denver, Colorado. We know the territory. We know the laws. We have a lot of contacts and friends who can help should things go bad. Why look anywhere else?

Well, we like variety and unusual challenges. These are not always available here, so......we go looking elsewhere. When a super deal becomes available, the temptation simply becomes overwhelming and ........off we go!

There are, however, a few issues we should get out of the way.

The first thing we will ask ourselves when presented with an out of state opportunity is: If this is such a good deal, why aren't local private lenders jumping all over this transaction? There may be a perfectly good explanation, but that is what we will think first off. We are aware that, especially in smaller communities, people like us may not exist. Or no one can understand your deal and is willing to give you a chance.   If that is the case, we will be ready!

Then there is the additional expense involved. We will need to hire a local attorney to prepare documents and keep us all out of jail and such. We will probably hire a local appraiser. All that costs money.

Finally, we sure don't like to lend against a property we haven't personally inspected, appraisal or not. That could mean an airplane trip and such, and you surely didn't think that we were going to pay for that, did you?

Despite the above caveats, however, we have successfully made deals in several states, usually to everyone's satisfaction.

We are anxious to do a deal!