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Updated 3 days ago on . Most recent reply
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Regarding Hard money Loan
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
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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.