Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 3 months ago on . Most recent reply

User Stats

39
Posts
12
Votes
Lisa Beard
  • Rental Property Investor
  • Charleston, SC
12
Votes |
39
Posts

Hard Money Lender that can Close in Three Days?

Lisa Beard
  • Rental Property Investor
  • Charleston, SC
Posted

We had a contract fall through last night and need to pay off a hard money loan by Tuesday (that or extend with the current lender for only three months, and I would rather have a 12 month bridge loan at this point). Any hard money lenders who can close in three days?

  • Lisa Beard
  • Most Popular Reply

    User Stats

    42,708
    Posts
    62,900
    Votes
    Jay Hinrichs
    #1 All Forums Contributor
    • Lender
    • Lake Oswego OR Summerlin, NV
    62,900
    Votes |
    42,708
    Posts
    Jay Hinrichs
    #1 All Forums Contributor
    • Lender
    • Lake Oswego OR Summerlin, NV
    Replied

    I am sure you will get all sorts of sure i can do that.

    And is title run and ready to go.. ??? if not probably not going to happen in 3 days.

    Also 99% of HML require an appraisal so thats not going to happen in 3 days.

    U will need a True private money IE an individual Like me that does these kind of deals. I do my own valuations of the asset I dont use 3p apprasials.. so we can and do fund in a matter of days If I really like the situation.. I make the decision not a Broker who has to send to an underwriter etc etc.. but of course there is a premium to pay for those services. I suggest you work it out with the existing lender thats going to be your cheapest ave.

    Just be careful of fakes offering you things that sound to good to be true.. 

    business profile image
    JLH Capital Partners

    Loading replies...