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Updated about 8 years ago on . Most recent reply

User Stats

34
Posts
6
Votes
Andrew Powell-Sampellegrini
  • New to Real Estate
  • Virginia Beach, VA
6
Votes |
34
Posts

Hard Money Lender or...?

Andrew Powell-Sampellegrini
  • New to Real Estate
  • Virginia Beach, VA
Posted

I found a property in Puerto Rico and I purchased it cash for $30K. But I need approximately $80K to repair it. ARV will be approximately $300K. Are there any hard money loans I can get for the repair costs alone? What will they require of me? What are your thoughts? Any other questions you might have for me? Should I consider other types of loans for the construction?

Most Popular Reply

User Stats

49
Posts
25
Votes
Tasheana Hanza
  • Realtor
  • Indianapolis, In
25
Votes |
49
Posts
Tasheana Hanza
  • Realtor
  • Indianapolis, In
Replied

I have personally worked with John O'Leary from Bridgewell. And I am an investor agent and have worked with Liz Hartland at Property Shares. I would suggest reaching out to both to see what programs would best suit your project. 

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