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Updated almost 11 years ago on . Most recent reply

Andrew Nesbitt's profile image
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Andrew Nesbitt
  • from Antelope, California
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Andrew Nesbitt
  • from Antelope, California
  • Member since Dec 5, 2012
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Andrew Nesbitt
  • Antelope, CA
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General Real Estate Investing

Hard Money Lenders

Andrew Nesbitt
  • Antelope, CA
Posted

How much money does a typical Hard Money Lender want you to have in the deal? For instance. Lets say a house has a $100k ARV. Purchase price is $50k and needs $15k of work. HML says they loan 65% ARV, but I don't imagine they would loan 100% of the purchase price and repairs for this situation would they?

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Jay Hinrichs
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  • from Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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@Scott E.

that's a lender that wants to stay in bizz

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JLH Capital Partners

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