Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 23 days ago, 10/30/2024

User Stats

5
Posts
2
Votes
Ray Pryer
2
Votes |
5
Posts

Looking for a new lender!!!!!!

Ray Pryer
Posted

My partner and I do about 10 projects per year but we are looking to scale that number even higher (we have 5 active under construction now)

While we do like our current lender we are looking for another lender with better terms. Looking for anyone who could provide some of the following terms:

100% purchase & rehab (or close to it)

Monthly payments wrapped up into the loan (paid at the end or off of a refinance)

Money $ at closing to start construction would be nice (a lender were in talks with just offered that)

Interest payments are only on drawn amounts 

Someone who can deal with full renovations only ( all our construction budgets are 120k + we convert single families into multi families)


anybody who knows a lender like this please comment below. We work in the Philadelphia!


Loading replies...