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Updated almost 5 years ago on . Most recent reply

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57
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Derrick S.
  • Soldotna / Kenai, AK
10
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57
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Lightstream.com - Reviews/ Recommendations?

Derrick S.
  • Soldotna / Kenai, AK
Posted

I posted about a deal I need $85k for (purchase and renovations) in "Starting Out" and I'm thinking of trying this company Lightstream. They say they loan up to $100k, and do loan for remodels.

Do you or anyone you know have experience with this company? 

They do not offer to finance the purchase of homes, and if they check the title they might wonder. I do read that they do not do collateral, though, so it might work? The deal is definitely worth the headache of a hard money lender like this.

Most Popular Reply

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6,168
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5,130
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
5,130
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6,168
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied
Originally posted by @Derrick S.:

@Brie Schmidt: That's awesome to hear! It gives me a little more confidence. They seem like a cheaper HML - but I'm not sure that's how others would look at them. Do you mind telling me what purpose you chose, when getting the loan?

And anyone else have experience they want to share, maybe with their "Home remodel" option?

 we did the home remodel one.  

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Second City Real Estate
5.0 stars
20 Reviews

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