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Updated almost 9 years ago on . Most recent reply

User Stats

146
Posts
50
Votes
Ryan Ahlgrim
  • Investor
  • Sapulpa, OK
50
Votes |
146
Posts

Riverdale Funding

Ryan Ahlgrim
  • Investor
  • Sapulpa, OK
Posted

Has anyone used Riverdale Funding for a hard money loan? Good experience? Bad experience?

Thanks.

Most Popular Reply

User Stats

11
Posts
4
Votes
Jerry Starr
  • Lender
  • West Palm Beach, FL
4
Votes |
11
Posts
Jerry Starr
  • Lender
  • West Palm Beach, FL
Replied

I would have to disagree about working with Riverdale Funding    www.riverdalefunding.com - they are not very competitive when it comes to rates and fees. I would suggest (  Bloomfield, navesink river capital , national equity funding, longhorn investments, fairview lending, owemanco   ( FYI : 8% +2 PTS on most deals ) and a-list partners ) if you want something that is realistic -. I've been in this space for 10+ years and have closed a tremendous amount of commercial with rates typically at 12 + 2 or 3 at the most - Riverdale Funding needs a    #Realitycheck  

if you are looking for Hard money lenders that understand  the business and are willing to work with you on getting the deal done, i would highly suggest going to the Pitbull conference, most of the lenders in attendance have been in this space for quite sometime and are very motivated to earn your business and make deals...

( https://pitbullconference.com/ )  they also have an extensive list of lenders on their site..  

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