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Updated over 5 years ago,

User Stats

3
Posts
0
Votes
Chris Smith
  • Rental Property Investor
  • Norfolk, VA
0
Votes |
3
Posts

Hard money and collateral

Chris Smith
  • Rental Property Investor
  • Norfolk, VA
Posted

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.