Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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
704
Votes
Darrin Carey
  • Lender
  • Dayton, OH
704
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...