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Updated about 9 years ago on . Most recent reply

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Stephen Wall
  • Investor
  • The Colony, TX
0
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Hard Money

Stephen Wall
  • Investor
  • The Colony, TX
Posted

I'm just now at a point where i want to do my first flip.  I want to start looking for hard money lenders before searching for a property.  Does anybody have any recommendations for the DFW area in Texas.  What should I be looking for?  What are things I should stay away from.  Any and all advice is welcome.  Thanks. 

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Zack Lofton
  • Hard Money Lender
  • Austin, TX
36
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97
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Zack Lofton
  • Hard Money Lender
  • Austin, TX
Replied

Hi @Stephen Wall I'm a local hard money lender and would love to help with any questions you may have. As far as what to look for I'd recommend working with a hard money lender located in your home state as they'll understand you market better and be more willing to work with you in unique situations. Also, look for a transparent lender. Many will advertise low rates and fees... only to find out there are many "junk fees" involved. Lastly, look for someone who will have your best interests in mind and will honestly tell you when they think you have a great deal or (more importantly) what they think is an unprofitable one. Feel free to reach out as I'd love to help. My email and phone # are listed in my bio.

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