Palm Beach County Private Lender/ Hard Money Lender

[Andrew B.]

Im currently working with 3 Private lenders and 1 Hard Money lender doing an average of 7 flips a year. We are looking to expand that to 10 this year and are in need of more finance. 

It took a long time to establish a relationship with your first private lender, who bought the other 2 to us over the years.They only have a certain amount available to invest, which we have spread over 3 jobs at any given time, and use Hard Money only when needed due to the 4-5% points on top of the loan. I pay 12% to both, the private and hard money, but no points to private, as Im working directly with them as the lender.  

Ive always been thankful for "hard money", as its helped fund were there was a shortfall, allowing us to unlock equity in our free and clear properties with a quick turn around, but would like to find a new investor to work with directly, with all the same principles and protection.

We will pay all fees for setting up notes and mortgage deeds, title fees, closing cost etc, inspections and any other due diligence related cost. Just trying to cut out the points!