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Updated over 6 years ago on . Most recent reply
![Menalik Archer's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/726048/1621496181-avatar-menalik.jpg?twic=v1/output=image/cover=128x128&v=2)
Looking for a reputable rental hard money loan
I have my eyes on a triplex in Florida and looking to see if there are any reputable hard money companies willing to do around 10% down. Looking to close on our before 7/27/18.
Most Popular Reply
![Nghi Le's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/211760/1621433542-avatar-nghile.jpg?twic=v1/output=image/crop=501x501@332x78/cover=128x128&v=2)
Can you share some numbers on the deal? Purchase price, as-is value, rehab cost, ARV? What does your experience look like?
There are lenders out there who will finance 90% of the purchase price and 90-100% of the rehab. Something to keep in mind is that they'll still want you to have 20% of the total cost as part of your liquidity to make sure you cover cash to close, interest reserves, and initial rehab cost.