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Updated almost 7 years ago on . Most recent reply

Is it hard money or no money at all?
Hi all. I have a property under contract and am using hard money. I will be spending about 10k in repairs for what looks like a great cash flowing property. Instead of using my own capital I began looking for a private lender to fund the rehab. I want to take on a 3 year note and am willing to offer an apr of 15% for a fixed rate. I have a few friends and family interested but cant seem to find a private lender outside of that. Are there people or companies out there willing to lend unsecured money this way outside of Lending Club, Prosper and so forth?
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Check out Carolina Lending