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Updated 11 months ago on . Most recent reply
Looking to connect with hard money lenders.
Hello, I would like to connect with lenders in the Akron area. Would like to find someone who would lend the purchase amount plus the rehab costs... pay back with refinance. If you have any recommendations, I would appreciate it!
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Akron, Ohio
Most Popular Reply
Quote from @Dylan Litman:
Hello, I would like to connect with lenders in the Akron area. Would like to find someone who would lend the purchase amount plus the rehab costs... pay back with refinance. If you have any recommendations, I would appreciate it!
Hey Dylan, even for a first-time investor there are programs I utilize often that offer financing for the following:
90/100/75
o 90% of purchase price
o 100% of rehab budget
o 75% loan-to-ARV max loan amount