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Updated almost 6 years ago,

User Stats

42
Posts
11
Votes
Orlando De Los Santos
  • Lender
  • Lindenhurst, NY
11
Votes |
42
Posts

Proof of Funds For HML?

Orlando De Los Santos
  • Lender
  • Lindenhurst, NY
Posted

Hey BP,

Quick question, do most Hard money lenders need the investor to have the property under contract to provide term sheets? I have a client who is in need of hard money but the lenders I work with, need for him to have the property under contract, any advice? I am new in the whole Private RE lending brokering.

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