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Updated over 7 years ago on . Most recent reply
Hard Money Lenders (Or Private Lenders) Who Are Easy To Work With
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
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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.