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Updated about 1 month ago on . Most recent reply

User Stats

14
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7
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Matt Smith
7
Votes |
14
Posts

Looking for a Hard Money lender

Matt Smith
Posted

Hi everyone, I have 2 multifamily properties, but am looking to invest in a BRRR single family home. I don't have a big enough down payment to get into one myself, so looking into a HML. My problem is, I'm not sure how to find a good HML vs a scam/bad one. 1) is this a good idea? 2) how do you go about vetting through Hard Money Lenders? 3) Do you know of any other "no down payment" solutions? Thanks and appreciate the help!

Most Popular Reply

User Stats

14
Posts
7
Votes
Matt Smith
7
Votes |
14
Posts
Matt Smith
Replied

Totally understand, I’m more asking if that is even a viable option if I’m looking to put little/no money down. Or would it be better to find a partner to cover down payment? Mainly Illinois, Wisconsin, and Indiana. Thanks!

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