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Updated over 4 years ago on . Most recent reply

User Stats

305
Posts
162
Votes
Jason Regan
  • Investor
  • Leominster Ma
162
Votes |
305
Posts

Hard Money Lenders for Newer Investors

Jason Regan
  • Investor
  • Leominster Ma
Posted

Hey everyone!  I am looking to put in my first offer and am wondering how everyone did it with Hard Money loans when they have not flipped before.  Most I spoken to need a property analysis before issuing and pre approval.  In this fast moving market, by the time I get this all together the property is gone. 

About me

Top Producing Real Estate Agent for last 3 years

Have a experienced flipped mentoring me 

Read everything I can get my hands on about flipping :)

Tend to be a bit risk adverse with my numbers

  • Jason Regan
  • Most Popular Reply

    User Stats

    17
    Posts
    18
    Votes
    John L Desimone
    • Investor
    • Philadelphia
    18
    Votes |
    17
    Posts
    John L Desimone
    • Investor
    • Philadelphia
    Replied

    @Jason Regan I have had and heard nothing but good things about a lender i connected with when most lenders backed out when Covid Hit. I wholesale through a brokerage in Philadelphia and we had our in house lender back out which turned out to be a blessing and a curse when I nearly lost 120k in volume in a day but got 95% of that saved through a connection I made through a repeat buyer. 

    Id be happy to help any way I can!

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