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Updated almost 5 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Trenton Maye
1
Votes |
11
Posts

Hard money lenders needed for New investor

Trenton Maye
Posted

Hi


I’m wondering if anybody could point me in the direction of a hard money lender that lends to new investors my first deal would ideally be around 50k or less in Texas. I have money set to the side that was going to be for the down payment but since the covid19 has caused banks to tighten their lending criteria, now I’m looking towards Hard Money to acquire and renovate, then refinance in 6 months to a conventional mortgage? Stability of income is not an issue seeing as that I’m military just ready to get started with my investment goals. Any info is greatly appreciated,

Most Popular Reply

User Stats

44
Posts
8
Votes
Mike Price
  • Lender
  • Austin, TX
8
Votes |
44
Posts
Mike Price
  • Lender
  • Austin, TX
Replied

Hard money under 100k is tough.  Why can’t you go conventional? 

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