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Updated almost 7 years ago on . Most recent reply
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Needed: Hard money in Denver
I would like to do a couple of fix and flips this year but to accomplish all of my goals I will need to borrow money. After talking to multiple lenders it has become apparent my only option will be through hard money lenders. Any advice, tips, and recommendations on how to proceed and what to watch for would be greatly appreciated. Merchants Mortgage is one company name I have heard. Any good experiences with other companies?
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@Monica Pina I used Merchants Mortgage for a flip 2 years ago. I liked them. No issues came up. I think the terms were 2 points and 10%.
Also, definitely talk with @Justin Cooper at Pine Financial. Justin teaches classes around Denver on using hard money. They are free and informative. Reach out to him and see when he's teaching next.
Chris