Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 2 years ago on . Most recent reply

User Stats

40
Posts
20
Votes
Mike Wilcher Jr
  • Investor
20
Votes |
40
Posts

Help a newbie out

Mike Wilcher Jr
  • Investor
Posted

What's up BP! So I'm looking to get into an investment property within the next 60 days (🤞🏼) preferably a multi-family. My issue is, I'm stuck when it comes to knowing what course of lending to go with (I have excellent credit, no consumer debt) but don't want to break the bank and I currently live in my primary. 

I have heard a lot of negatives about hard money lenders but I want to learn more about the process. Can anyone give advice,tips,experiences on HML, and would you recommend this for my first investment?

Appreciate ya🙏🏾

Most Popular Reply

User Stats

40
Posts
20
Votes
Mike Wilcher Jr
  • Investor
20
Votes |
40
Posts
Mike Wilcher Jr
  • Investor
Replied

@Carlos Valencia..Yes thank you for your response! I have heard HML was more for flips but now I know for sure. Thanks again!

Loading replies...