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Updated about 8 years ago on . Most recent reply

User Stats

25
Posts
6
Votes
Junior Cene
  • Walkertown, NC
6
Votes |
25
Posts

Private lending or investors financing in NC

Junior Cene
  • Walkertown, NC
Posted

Hello everyone, I just finished my first project of purchase and rehab my first rental property, I am in the process of purchase another foreclosure as a second rental property. I came across a good value for a possible flip and i am excited to work and possibly achieve my first flip. My question all my financial have used in my last project and need help to finance the new property for a possible flip. Any local bank or private lending that anyone can suggest that work in NC and preferably winston salem NC

The property I am looking at have a tax value of $85000 and listing price is $45000 and I am sure they will accept $35000 since its been on the market and I am looking at ARV of $95000 with about a $15000 to $20000 rehab cost. Any suggesting of a good private lender or small bank in the triad area

Most Popular Reply

User Stats

928
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271
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George Despotopoulos
  • Lender
  • New York, NY
271
Votes |
928
Posts
George Despotopoulos
  • Lender
  • New York, NY
Replied

@Junior Cene - Congrats on your projects thus far. If you are looking for a Hard Money Loan, you can check out LendingHome, Lima One, and LendingOne in that area. Good Luck

  • George Despotopoulos

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