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Updated over 5 years ago,
Hard money and collateral
Can I borrow hard money against my rental property? If so what/who are some good hard money lenders in my area (757/Hampton roads, Virginia).
Property sits in between two fully remodeled houses 🏘.
Brought In 2017 for 66k,
city assessment is 94k
Currently rents for 900 (could easily rent for 1100)
Mortgage 570
Tax assessment number 04100400
I would like to start flipping btw meaning I have found a few deals I can’t get my hands on because of little capital.