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Updated about 3 years ago on . Most recent reply

Debbie LaRue's profile image
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Debbie LaRue
  • Real Estate Investor
  • from Tacoma, Washington
  • Member since Jan 20, 2016
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Debbie LaRue's profile image
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Debbie LaRue
  • Real Estate Investor
  • from Tacoma, Washington
  • Member since Jan 20, 2016
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Debbie LaRue
  • Real Estate Investor
  • Tacoma, WA
4
Votes |
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Buying & Selling Real Estate

How do I vet hard money lenders??

Debbie LaRue
  • Real Estate Investor
  • Tacoma, WA
Posted

Hello everyone,

I am gearing up to purchase my first flip (Pierce County, WA) and my question is, how do I vet hard money lenders? I am getting inundated with hard money loan offers and it's overwhelming. Is a local HM lender better? Does anyone have any preferred HM lenders they like? Thank you!

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Matthew Crivelli
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Matthew Crivelli
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  • from Massachusetts
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Matthew Crivelli
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Matthew Crivelli
  • Lender
  • Massachusetts
Replied

Best bet it to find one that picks up the phone and is easy to work with. Make some calls and feel people out. Have the lender price out a scenario, then compare and contrast.

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