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Updated over 6 years ago on . Most recent reply

Account Closed
  • Real Estate Broker
  • Indianapolis, IN
10
Votes |
32
Posts

The Value of Hard Money Lending

Account Closed
  • Real Estate Broker
  • Indianapolis, IN
Posted

Check out the example on a recently funded Indianapolis flip from 8/30/2018.

Purchase Price: $60,000
Renovation: $51,900
After Repair Value: $213,000

Longhorn Investments was able to cover 100% of purchase and renovation cost. The borrower brought $6,199.55 to closing.
It cost this borrower $6,000 at closing to make a gross potential return of $65,000!!! That is an amazing return on investment.

What has been your biggest success with hard money lending?

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