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Updated over 6 years ago on . Most recent reply

User Stats

26
Posts
5
Votes
Sandy Hu
  • Flipper/Rehabber
  • Aliso Viejo, CA
5
Votes |
26
Posts

Referral for heloc lender

Sandy Hu
  • Flipper/Rehabber
  • Aliso Viejo, CA
Posted

Any good HELOC lender you've used? Appreciate the referral.

I have a borrower coming to me asking a hard money loan @ 15% 6month term. I would come in as a junior lender. I don't have enough capital to cover the loan amount he is asking for. So i thought about HELOC. I personally think this is a safe solution. Any risk I'm not seeing here.

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