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Updated over 2 years ago on . Most recent reply

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47
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16
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Tasha Barnes
  • Rental Property Investor
  • Charlotte, NC
16
Votes |
47
Posts

Recommendations for a Hard Money Lender for a Newbie.

Tasha Barnes
  • Rental Property Investor
  • Charlotte, NC
Posted

Hey BP Fam,

Can anyone recommend a good hard money lender for a rehab project? I'm fairly "green" when it comes to rehabbing. 

Thank you.

Tasha

Most Popular Reply

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2,175
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1,206
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John Mocker#1 Insurance Contributor
  • Insurance Agent
  • Norwalk, CT
1,206
Votes |
2,175
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John Mocker#1 Insurance Contributor
  • Insurance Agent
  • Norwalk, CT
Replied

Tasha,

One thing to consider, as a New Investor, the knowlege of the Hard money Lender may be of more value than the lowest rate.  I have had several of my clients say they used their particular hard money lender as deal double check.   If that lender declined funding the deal they took it as a warning that maybe they did not run the numbers right, were too risky, etc.

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