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Updated 10 months ago on . Most recent reply

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Sean Haran
  • Los Angeles, CA
52
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22
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Hard money loan for individuals? (not LLC)

Sean Haran
  • Los Angeles, CA
Posted

Hello, I’m looking at a deal that would be perfect for a hard money loan, and I’d rather use someone else’s money rather than my own to get this done. I made an offer which (according to my realtor) is about to be accepted today or tomorrow. 

All of the hard money loan options I've found require me to borrow in an LLC, which I don't have now. Since I am literally about to start the process of buying this property I doubt I have enough time to set up an LLC for the loan. Is there any hard money lenders who lend to individuals rather than an LLC?

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18,360
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Chris Seveney
  • Investor
  • Virginia
15,780
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Sean Haran

We have lent to individuals and not LLc’s but have additional affidavits for non owner occupied that must be executed

  • Chris Seveney
business profile image
7e investments
5.0 stars
16 Reviews

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