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Updated over 4 years ago on . Most recent reply

Is Anyone else having a lot of difficulty finding funding?
I have a duplex in Lisbon, Maine under contract for 75 K. I know it's a great deal, but no one seems to be lending right now because of the Covid outbreak. I know barely any hard money lenders are lending right now, but does anyone know any other alternatives? I've been trying to find private money, but my search isn't going very well at the moment. I want to BRRR this deal and keep it as a rental. I have everything already set up, contractor, manager, lawyer, title, etc. Just need to find the money!
Most Popular Reply

@Kyle Nicholas Yeitrakis Have you checked with the smaller community banks and credit unions? I have heard that they have not been as stringent as the bigger banks right now. Mechanics Savings, Dirigo Credit Union etc.