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95% or 100% LTV Hard Money and/or Private Money
Hi - my wife and I have a GREAT deal under contract - quadplex in raleigh for $650k, with an ARV of $1.88M with max $200k in renovation costs. We have a few lenders we have been talking to that are maxing out at 90% LTV on the purchase price, and 100% on rehab cost, however this will take up pretty much all of our available capital. Does anyone know of a reputable hard money and/or private lender that offer terms of 95% or 100% LTV? It's a crazy good deal, and we're willing to take a higher interest rate if it means using less of our available capital. Thanks!
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