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Updated over 9 years ago on . Most recent reply

Brian Cross's profile image
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Brian Cross
  • from Washington, Michigan
  • Member since Feb 23, 2016

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Brian Cross's profile image
Brian Cross's profile image
Brian Cross
  • from Washington, Michigan
  • Member since Feb 23, 2016
Brian Cross
  • Washington, MI
2
Votes |
5
Posts
Private Lending & Conventional Mortgage Advice

Hard Money Lender Michigan

Brian Cross
  • Washington, MI
Posted

Hey Everyone, 

Looking to purchase my first rental property in Michigan (about 20 miles northeast of Detroit) and am having no trouble finding national hard money lenders, but would prefer to work with a reputable local hard money lender for my first deal. I still haven't ruled out a conventional mortgage, but just want to get all my options on the table so I can make the right decision. Looking for around 60k (for a condo), anyone have any recommendations? Thank you! 

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Jay Hinrichs's profile image
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Jay Hinrichs
  • #1 All Forums Contributor
  • Real Estate Consultant
  • from Summerlin, NV
  • Member since Jan 29, 2014

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Jay Hinrichs's profile image
Jay Hinrichs's profile image
Jay Hinrichs
  • #1 All Forums Contributor
  • Real Estate Consultant
  • from Summerlin, NV
  • Member since Jan 29, 2014
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

@Brian Cross most HML will not loan to you if your not pre approved for a take out loan. I know I would not.. they don't want to be stuck in a loan you cannot refi out of.

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