Hard Money Lenders Tennessee

[Mark Douglas]

Hey BP ! Looking into a HML for my second rental property. Does it matter if the lender is in the same town/state as the property? Also, silly question: are they all going to ask for 20-30% down? Further silly question: does anyone do 90+% LTV anymore? I know since the crash it's become super rare, but it would really help me get going !

-Mark

[David Crutcher Jr.]

Hey Mark Douglas congratulations on your second property and keeping the ball rolling. I don't think it matters if the HML is in the same state as the property as long as it's not in their criteria. If you meet their criteria and it doesn't state it has to be, you should be good if the numbers work.