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Updated almost 9 years ago, 02/12/2016

User Stats

66
Posts
11
Votes
Michael C Gregory
  • Investor
  • Las Vegas, NV
11
Votes |
66
Posts

Lenders in Las Vegas

Michael C Gregory
  • Investor
  • Las Vegas, NV
Posted

Help! My lenders are killing me. We are no longer in the .65(ARV) minus repairs = offer market. Wake up lenders! Deals are harder to find, and in order to be competitive (and maybe get a contract), you need to offer 75 to 80% of ARV (properties are selling for 10-20% more than the ARV). I have lost FOUR deals because my lender will only approve a laughable amount to offer. How do I find a lender who will consider ALL of the aspects?

Thanks.

Michael C. Gregory

Remedy Investments, LLC

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