Looking for advice on backflip lender

[Magdalene Leon]

Hi - I was just curious if anyone has used backflip as a hard money lender?  From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought I would see if anyone else had experience with this lender.  Thank you!

[Jace Perry]

Quote from @Nick Belsky:

@Magdalene Leon

They are legit.  I've brokered with them quite a few times and while they are not my top lender, they are in the top 5.  When the top ones can't/won't do the deal, Backflip usually will and they are super fast and easy.  My client's have been happy with the draw process and response times as well. All of their products are Dutch-interest and their highest leverage option is a 1st position with a 2nd position loan wrapped with it to get to higher leverages.  Those two things turn some folks off, but if the numbers work, they work.  Get in, then get out.

Cheers!

 Are you willing to share who your top 2 lenders are?