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Updated almost 9 years ago on . Most recent reply

User Stats

33
Posts
11
Votes
Sean Casey
  • Independence, MO
11
Votes |
33
Posts

Hard Money Lending

Sean Casey
  • Independence, MO
Posted

What has been your experience with Hard Money lenders? Especially those that have gone this route on your first deal. Did you have to put money down? Did they run your credit? I've contacted two different lenders but both wanted 20% down and a cosigner. Not exactly what they advertise. Any suggestions on which lenders are easy to work with? 

Most Popular Reply

User Stats

462
Posts
199
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Brit Foshee
  • Investor
  • Fort Myers, FL
199
Votes |
462
Posts
Brit Foshee
  • Investor
  • Fort Myers, FL
Replied

@Sean Casey

I've never heard of a hard money lender asking for a cosigner.  20% is pretty common though and you're starting to see 10% more and more.

Here's some of the big players.

In no particular oder.
I have zero affiliation with them.

Visio Lending

Lima One Capital

Peak Asset Lending

Ridgeway

First Key

Bridgewell Capital

Lending One

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