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Updated over 9 years ago,
Would a Hard/Private Money Lender Lend to an 18 Year Old?
Note: I'm not asking for a lender, I'm just asking if a lender would lend to an 18 year old under certain circumstances
Bank type or private investors (I would most likely need to find a private investor or a group of them)
Say I was 18, found a home with a market value of 100k. Say I got it under contract for 60k due to extenuating circumstances (maybe pre foreclosure, short sale, etc)
If I needed to fix it up, or something similar, and if I presented a good case to one of these people, would they lend me money if it seemed like a promising investment?