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Updated over 9 years ago on . Most recent reply

User Stats

54
Posts
11
Votes
Imad M.
  • Investor
  • Montgomery, AL
11
Votes |
54
Posts

Hard Money Lender in Alabama?

Imad M.
  • Investor
  • Montgomery, AL
Posted

Can anyone recommend a HML or PML that deals in Alabama? I am looking at a few lenders now but would prefer one that is referred. I just put a property on contract and am searching for financing outside of using a bank.

SP: $55,250

ARV: $85,000

Repairs: $13000

Holding Costs: $5000 (HML will increase this amount)

Potential Profit: $11,750

Most Popular Reply

Account Closed
  • Miami, FL
26
Votes |
161
Posts
Account Closed
  • Miami, FL
Replied

@Imad M. @Donnie M. Here are a few institutions that will loan in that state patchofland  jemrealestatepartners  just google them and should give you contact info. AL and NM are about only states I cannot do. Let me know how it works out

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