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Updated over 2 years ago on . Most recent reply

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Laramie Allen
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Not so good luck with Hard Money Lenders

Laramie Allen
Posted

I'm on the hunt for a hard money lender in small rural area outside of Tyler, Tx. Most lenders want to stay with Dallas or larger metroplex areas. I get it and understand it to a degree. There are tons of hidden gems in these small rural towns. Rental properties are rented up daily around me. I'm looking for a hard money lender to close on a loan and will be lookin to cash out refinance in 3 to 6 months. Plenty of cash to put down for closing and rehab work. ITs hard finding that one lender to just give you a shot at your dream. We are looking to go with the BRRRR method.

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Erik Estrada
#2 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
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Erik Estrada
#2 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
Replied
Quote from @Laramie Allen:

I'm on the hunt for a hard money lender in small rural area outside of Tyler, Tx. Most lenders want to stay with Dallas or larger metroplex areas. I get it and understand it to a degree. There are tons of hidden gems in these small rural towns. Rental properties are rented up daily around me. I'm looking for a hard money lender to close on a loan and will be lookin to cash out refinance in 3 to 6 months. Plenty of cash to put down for closing and rehab work. ITs hard finding that one lender to just give you a shot at your dream. We are looking to go with the BRRRR method.


 Hey Laraime, 

I know a lender based in Texas and can finance rural areas. Happy to connect

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LuxePrivate Investments LLC
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37 Reviews

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