Updated over 9 years ago on . Most recent reply
Private lender/partner needed
Greetings folks. My partner and I are presently picking up a hot deal in the Philadelphia area and are looking for a partner to fund the deal on a short term basis. Feel free to review the deal and let's talk further if interested in being a lender.
Most Popular Reply
Marc i am a hard money lender. The rate of 3-5% isn't hard money or even private money. No bank will finance a project like this without 30% down and your financials must be stellar plus you're talking about 60-90 days approval process. If you're looking to partner up and get this done in time for a fall resale, hard money will cost about 13-15% with 3--5 points on average.
Contact me if you're interested.



