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Updated almost 7 years ago,

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3
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0
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Bernadette Sullivan
  • Investor
  • Massillon, OH
0
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3
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Crowder and Company LLC??

Bernadette Sullivan
  • Investor
  • Massillon, OH
Posted

We are soon to complete a deal to buy a duplex and using a good % of our cash to finalize the deal with a bank. Another opportunity has come up to buy a 4-unit for approx. $125K. This would be for a buy and hold. For the first time, I am looking at using a HML to fund the deal and plan to refinance the HML into a traditional loan with one year. I have contacted a few HMLs who will do business in OH. The one I am considering is Crowder and Company LLC. Does anyone have experience with this company? I have been quoted a loan of $127,500K @ 11.99% interest and 4% origination fee. They will include the $15K rehab cost in the loan amount. We both have excellent full times jobs, own one other 4 unit (from 1999) and credit scores near 800. We are tapped out equity-wise on our PR and 4 unit. Just trying to do a little due diligence - any advice on this company?

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