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Updated almost 6 years ago on . Most recent reply

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59
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23
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Nate Wilson
  • Weare, NH
23
Votes |
59
Posts

Hard money lender New Hampshire

Nate Wilson
  • Weare, NH
Posted

I am currently looking to purchase a buy and hold rental property in the Manchester or Concord area. However, I would like to weigh my options and might consider doing some hard money lending. I would like to know more about the process and how it works and what I could expect for ROI.

Most Popular Reply

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630
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418
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Matt Lefebvre
  • Real Estate Broker
  • Manchester, NH
418
Votes |
630
Posts
Matt Lefebvre
  • Real Estate Broker
  • Manchester, NH
Replied

@Ann Bellamy is THE hard money lender to call for NH!  Hard money lending is not your best choice for multifamily buy and holds.  Residential loans for smaller properties or commercial loans with a local bank for larger properties is your best choice.  Hard money lending is for deals where you need a large amount of money available and can turn around a quick profit by paying off the loan in less than 12 months.  AKA flipping houses :)

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