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User Stats

4
Posts
0
Votes
Braylon Hanson
  • Flipper/Rehabber
  • Scottsdale, AZ
0
Votes |
4
Posts

Private Money Lender in Phoenix/Scottsdale

Braylon Hanson
  • Flipper/Rehabber
  • Scottsdale, AZ
Posted May 10 2024, 17:48

I am looking to connect with a private money lender in the Phoenix metro area for fix and flip financing. I've identified and secured the property, and I can provide the purchase details, a detailed line item budget and the ARV with comps.

I have both fix and flip experience, and experience using private money. Open to creative terms/ideas.

User Stats

15,969
Posts
13,388
Votes
Chris Seveney
Pro Member
#2 All Forums Contributor
  • Investor
  • Virginia
13,388
Votes |
15,969
Posts
Chris Seveney
Pro Member
#2 All Forums Contributor
  • Investor
  • Virginia
Replied May 10 2024, 17:51

@Braylon Hanson

Tons of lenders on BP, my recommendation is to post how much you need, lien position, what’s your r

Down payment /$ in the deal and ARV

You will get more responses

User Stats

4
Posts
0
Votes
Braylon Hanson
  • Flipper/Rehabber
  • Scottsdale, AZ
0
Votes |
4
Posts
Braylon Hanson
  • Flipper/Rehabber
  • Scottsdale, AZ
Replied May 10 2024, 20:26
Quote from @Chris Seveney:

@Braylon Hanson

Tons of lenders on BP, my recommendation is to post how much you need, lien position, what’s your r

Down payment /$ in the deal and ARV

You will get more responses

Thank you Chris! New to posting on BP. Would you recommend creating a new classified forum post like this? But with the details you mentioned along with it.  

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User Stats

115
Posts
13
Votes
David Pearl
Lender
  • Lender
13
Votes |
115
Posts
David Pearl
Lender
  • Lender
Replied May 11 2024, 09:18
Quote from @Braylon Hanson:

I am looking to connect with a private money lender in the Phoenix metro area for fix and flip financing. I've identified and secured the property, and I can provide the purchase details, a detailed line item budget and the ARV with comps.

I have both fix and flip experience, and experience using private money. Open to creative terms/ideas.

 @Braylon Hanson - Hi Braylon. Would love to learn to more about the project and your investment goals. Happy to help. I’ll send you a DM now. 

User Stats

33
Posts
9
Votes
Jamiel Jackson
  • Pittsburgh, PA
9
Votes |
33
Posts
Jamiel Jackson
  • Pittsburgh, PA
Replied May 11 2024, 09:19

 do you need hard money or pivate money 

private meaining looking for 100% of the deal financed

User Stats

4
Posts
0
Votes
Braylon Hanson
  • Flipper/Rehabber
  • Scottsdale, AZ
0
Votes |
4
Posts
Braylon Hanson
  • Flipper/Rehabber
  • Scottsdale, AZ
Replied May 11 2024, 10:18
Quote from @Jamiel Jackson:

 do you need hard money or pivate money 

private meaining looking for 100% of the deal financed


 It would depend on the terms of the Hard Money, but would prefer private money if possible.

User Stats

33
Posts
9
Votes
Jamiel Jackson
  • Pittsburgh, PA
9
Votes |
33
Posts
Jamiel Jackson
  • Pittsburgh, PA
Replied May 11 2024, 10:56

 do you need hard money or pivate money 

private meaining looking for 100% of the deal financed

User Stats

33
Posts
9
Votes
Jamiel Jackson
  • Pittsburgh, PA
9
Votes |
33
Posts
Jamiel Jackson
  • Pittsburgh, PA
Replied May 11 2024, 10:57

Depending On experience and fico 

I can get up to 90% of purchase and 100% of rehab  10.75% 1.50 origination

User Stats

33
Posts
9
Votes
Jamiel Jackson
  • Pittsburgh, PA
9
Votes |
33
Posts
Jamiel Jackson
  • Pittsburgh, PA
Replied May 11 2024, 10:57

Plus I have business credit cards for gap funds