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Updated over 7 years ago on . Most recent reply

User Stats

9
Posts
1
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Richard Miller
  • Investor
  • York, PA
1
Votes |
9
Posts

Hard money Lender in York Pa

Richard Miller
  • Investor
  • York, PA
Posted
Fellow BP Members: I am looking for some good feedback. I just recently got involved in real estate investing. I have had some early success. I want to continue to learn and grow as an investor hoping to transition to become a real estate developer. Looking for a hard money lender in south central Pa. does anyone have any leads?! Thanks for the feedback in advance.

Most Popular Reply

User Stats

19
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5
Votes
Clay Packel
  • Real Estate Agent
  • Philadelphia, PA
5
Votes |
19
Posts
Clay Packel
  • Real Estate Agent
  • Philadelphia, PA
Replied

@Richard Miller I work for a private investment brokerage here in Philly, we have an in-house hard money lender that lends on deals all over the country - even if it's not a deal I supplied you with. They are called Sherman Bridge Lending.

Most commonly utilized program is the 90/10. We fund 90% of the acquisition + rehab and then you come to the table with 10% of that total. 10 - 12% percent interest and 3 points, no pre-payment penalties, differing terms. Direct message me and I'll put you in contact with one of our loan officers! 

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