Classifieds
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply

Looking for Hard or private money in Pensacola, FL
I'm currently flipping a couple houses in Pensacola, and would like to grow faster so I'm searching for private or hard money to free up some of my own capital for other projects. I would definitely prefer private money, but am open to hard money. I'm looking for about 30k to go towards rehab. I spoke with one HML and he said that he couldn't do less than 75k with 12% int. and 3 points. I'm not sure if this is pretty average or not, so I'm open to input regarding that as well. Thanks
Most Popular Reply

How about using hard money to pull more than $30k out of one of your projects? Most HMLs I know won't do anything less than $50k but they will do purchase and rehab money. Send me a message if you want some contacts.