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Updated almost 4 years ago on . Most recent reply

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35
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Samuel J Gonzales IV
  • TX
13
Votes |
35
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What are your experiences with Hard Money Lenders?

Samuel J Gonzales IV
  • TX
Posted

I'm currently looking for lending for a property. Me and my business partner might have to go with a hard money lender and I'm just curious on how any of yall's experiences have gone?

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,027
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42,778
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
having been in that business and still am in a different sort of niche these days..  as long as you go with a well known or local lender that is verified real you should have no problem.. try to find local company that knows your market well.

be very cautious of the too good to be true send me 500.00 or 1000.00 commitment fee brokers.. some are real many are just what we call in the industry "advance fee scammers"  

If your a fan of American Greed watch the episode on REmington financial on U tube and google Ingrid Robinson this will give a look at what I am talking about advance fee scammers.. you make a post like this and you might even hear from a few.
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JLH Capital Partners

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