Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 over 4 years ago,

User Stats

40
Posts
8
Votes
Raleigh Lewis
  • Real Estate Agent
  • South Jersey
8
Votes |
40
Posts

Has anyone used Lendinghome. com?

Raleigh Lewis
  • Real Estate Agent
  • South Jersey
Posted

Good morning BP and Happy Holidays!!

I am looking for advice regarding lendinghome.com. Also any good lenders In the Deleware County area in Pennsylvania. I have a deal on the line and i am seeking funding from different lenders. Lending home offered to lend me 79k for 

12.5%, 1y fixed, am interest only, monthly 829.17, LTV 83%

They are asking 50k for a triplex the arv is 158k

This would be my first time buying a property I plan to use the brrr strategy because of the cashflow in the property. However i am a little hesitant to accept these terms because of the high interest rate not to mention the bad reviews about lending home. Have any of you ever used lending home? What was your experience? Have you ever had terms like this from a Hard money Lender?

Please Share , Thanks a million!!!!!

Loading replies...