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Updated over 8 years ago,
Hard Money Lender in Rhode Island
Hello BP,
I'm a long time user but first time posting. I'm looking for referrals for hard money lenders in RI. This is my first time in working with hard money since i usually finance using conventional loans. Lately i been losing deals because i didn't the speed of closing quickly. from what i understand that the advantage of using hard money.
I did reach out to one hard money lender but he wouldn't talk terms until i had a deal. Problem is i can't get the deal until i have a proof of funds letter. So it's a case of the chicken or the egg. Any help in shining a light on this process would be greatly appreciated, any other advice would also be welcomed.
Cheers,
Alex