Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

53
Posts
8
Votes
Sam Tright
8
Votes |
53
Posts

How many active loans raises an eyebrow with hard money lenders?

Sam Tright
Posted
One local HML allows up to 3 loans on his own. So that's a useful floor.

If you have 10 hard money loans would that draw concern from most lenders? Trying to find out how they think about short term borrowing capacity for fix and flips.

Most Popular Reply

User Stats

363
Posts
213
Votes
Clayton Silva
Lender
Pro Member
  • Lender
  • California
213
Votes |
363
Posts
Clayton Silva
Lender
Pro Member
  • Lender
  • California
Replied

We work with a lot of different hard money lenders, and typically they analyze everything on a deal by deal basis.  As far as I understand as long as your credit score is sufficient for their liking, they (hard money lenders in our network at least) do not care how many you have.  We also have some pretty cool bridge products for flippers right now too! 

  • Clayton Silva
  • [email protected]
  • 209-329-8567
  • Loading replies...