Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

251
Posts
30
Votes
Rashad S.
  • Investor
  • Suwanee, GA
30
Votes |
251
Posts

Hard Money Lenders (Or Private Lenders) Who Are Easy To Work With

Rashad S.
  • Investor
  • Suwanee, GA
Posted

Greetings all,

So I'm here in Atlanta Georgia working with a bunch of investors trying to satisfy their Real Estate needs as well as mines.  I come across a bunch of deals where the investor cannot find funding, but the numbers are very strong.  

How do we find Hard Money Lenders or Private Lenders that will loan more so based on the good numbers of the DEAL rather than the buyer's Credit?

Most Popular Reply

User Stats

1,318
Posts
703
Votes
Darrin Carey
  • Lender
  • Dayton, OH
703
Votes |
1,318
Posts
Darrin Carey
  • Lender
  • Dayton, OH
Replied

Most Hard Money Lenders look at the deal first, borrowers available cash second, and credit third. 

If you have the first two covered, credit has very little impact.

If you're flat broke, and your credit sucks, you'll have a really hard time getting any hard money loan, or pay outrageous amounts in fees and interest.

  • Darrin Carey
  • Loading replies...