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Updated 3 days ago on . Most recent reply

User Stats

42
Posts
13
Votes
Joshua Kavadi
  • Atlanta, GA
13
Votes |
42
Posts

Regarding Hard money Loan

Joshua Kavadi
  • Atlanta, GA
Posted

Dear ALL,

I have a deal which I am working on .  The purchase price  of the property is 180 K, closing cost is 42 K, with monthly interest payments of $1600. Any recommendations for any lender who can offer lesser closing cost and interest rates .

I appreciate your cooperation

thanks 

Joshua

Most Popular Reply

User Stats

190
Posts
119
Votes
Ryan Stuckey
  • Lender
119
Votes |
190
Posts
Ryan Stuckey
  • Lender
Replied

Check out Longhorn Investments at longhorninvestments.com. Chip Cagle is your local expert and can be reached via the website. Longhorn can offer 100% of purchase price and rehab (up to 75% ARV on total loan size) and there is not an experience requirement as long as it's not heavy rehab. Quick closing and investor-friendly reputation. You should definitely consider this option as your down payment may get to or near $0. Of course, normal closing costs will be on top of that.

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