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Updated almost 2 years ago on . Most recent reply

Experienced Investor Seeking Asset-Based Lending & Hard Money Loans for Next Project
Hi everyone,
I am an experienced house flipper based in southern California, Nevada, and Arizona looking for asset-based lending and/or hard money loan forms of lending to finance my next project. In addition to asset-based lending and hard money loans, I'm also open to exploring other unconventional forms of lending that can provide the flexibility and speed needed to take advantage of investment opportunities quickly.
I have a great credit score, funds available, and looking to buy through a business entity. If anyone has experience with these types of loans or has any recommendations on where I can find them, I would greatly appreciate your insights. Thank you in advance for your help!
Most Popular Reply

HI Mauricio,
I would suggest reaching out to an experienced investor-friendly mortgage brokerage. There are a ton of lenders out there that specialize in loans for flippers like yourself. Acquisition money, flip money, all based off the numbers (and not your personal income). Hard money is not a bad option, but tends to be much more expensive and often requires larger down payments than the lenders we utilize for our clients and their flips. TLDR: There are better lenders suited for your needs than hard money.
hope this was helpful