New Hampshire lenders

[Daniel Ash]

I am looking for investors in NH. I am looking to buy houses under $100k including renovations. I have a great system for getting materials with 20% off and have connections with a master carpenter. I have excellent credit. Any information would help.

[Ann Bellamy]

They are normally 6-12 months, although under some circumstances, we would consider a longer term. If the exit is to refinance convention, you will need to already have your commercial refinance lender lined up. If you are doing this with SFRs, please bear in mind you will need to take title in an entity, and some commercial lenders won't lend on one SFR at a time.

So it's important to talk to the commercial lenders at a small portfolio lender (like Lake Sunapee) before you even start.  You can also talk to Deb Thum at Franklin Savings Bank.