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  <title>The First BIG Loan #21</title>
  <description>https://www.CarolinaHardMoney.com One of their customers bought in 2012 in Charlotte, NC, and borrowed $600,000+ from Bill and Wendy. He got the house under contract. He did some renos. The buyer backed out. The borrower was stuck with a house. The prices of nearby houses continued to increase in value. His loan needed to be extended and his loan rate went up 2 points. In the end, he sold the house by $20,000 more than he expected. So after a lot of stress, he had made a profitable deal. The fund investors were protected, regardless of what happened. </description>
  <author_name>Passive Income, Active Wealth - Hard Money for Real Estate Investing</author_name>
  <author_url>http://thealternativeinvestor.libsyn.com/website</author_url>
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