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Updated over 8 years ago on . Most recent reply

User Stats

22
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0
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Andrew Kelly
  • Real Estate Agent / Investor
  • Patchogue, NY
0
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22
Posts

2 deals to close, tips on finding private lenders on Long Island

Andrew Kelly
  • Real Estate Agent / Investor
  • Patchogue, NY
Posted

Hey guys, basically in a nutshell I started my investment company back in February with a focus on wholeselling. Now I have evolved into the house flipping side of things for the bigger returns. I brought in a credit partner with great credit to help get lower interest rates on loans, etc. We have 2 deals that we are planning on closing in the next week, but our HML is only covering 80% of the purchase price on both properties. Where would be good places to look in the private lending world for assistance with covering the remaining costs of the purchase price? have any of you been in the same position? Thanks in advance.

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