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Updated over 7 years ago on . Most recent reply

User Stats

17
Posts
6
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Eric Schroeder
  • Loveland, CO
6
Votes |
17
Posts

Hard Money Loans and Liquid Assets

Eric Schroeder
  • Loveland, CO
Posted

Do most hard money lenders require the borrower to have liquid assets available?  I am trying to get into real estate flipping and have learned a lot.  I am ready to execute but because I don't have a lot of personal money or any liquid assets I'm running into a wall with hard money lenders.  The deal(s) make sense but because I don't have money for down payments and reserve assets I can't get any help.  Is the only alternative to find a private money lender and hope they don't require as much?

  • Eric Schroeder
  • Loading replies...