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Updated over 5 years ago on . Most recent reply

User Stats

253
Posts
46
Votes
Daniel Mendez
  • Investor
  • Dallas, TX
46
Votes |
253
Posts

HARD MONEY LENDERS: Question for all my investors

Daniel Mendez
  • Investor
  • Dallas, TX
Posted

Good afternoon BP,

I have been recently reaching out to hard money lenders out in the Ohio area to get more information about the company, fees etc. Some of the hard money lenders only lend out to LLC's.

I am looking to purchase homes, rehab them and then refinance them. However, I know lenders won't lend to LLC's.

Are there hard money lenders that do loan out to individuals? If not, can I purchase a property through my LLC and then switch to my name before I refinance it with a bank?

What do you guys recommend?

  • Daniel Mendez
  • Loading replies...