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Updated about 9 years ago, 09/21/2015

Imad M.'s profile image
Imad M.'s profile image
Imad M.
  • Investor
  • from Montgomery, Alabama
  • Member since May 25, 2014
Connect

User Stats

54
Posts
11
Votes
Imad M.'s profile image
Imad M.'s profile image
Imad M.
  • Investor
  • from Montgomery, Alabama
  • Member since May 25, 2014
Connect
Imad M.
  • Investor
  • Montgomery, AL
11
Votes |
54
Posts
Private Lending & Conventional Mortgage Advice

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

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