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.
General Real Estate Investing
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 2 years ago,

User Stats

15
Posts
6
Votes
Cristen Marcotte
Pro Member
  • Louisiana
6
Votes |
15
Posts

Hard Money Lenders who accept private money for the down payment

Cristen Marcotte
Pro Member
  • Louisiana
Posted

We have been frustrated with Hard Money Lenders who source where our funds come from to make the initial down payment.  We have private investors who will lend us the money for the initial funds needed to acquire a property with a Hard Money Lender.  Once the lender sees a deposit in our checking account they ask where it came from and if it is for the acquisition they do not allow it.  They have first lien on the property do I don't see why it matters.  Does anyone know of lenders that will accept private money for the initial funding of the loan?

  • Cristen Marcotte
  • Loading replies...