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Updated almost 9 years ago on . Most recent reply
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Private/Hard Money Lenders In Massachusetts
Looking for lenders who lend 100% LTV for rehab projects, and also finance the rehab. Anyone know of any?? Thank You!
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Yes, what @Jay Hinrichs said. I have little more to add, except that while you may feel that Jay is on the west coast and may not know the market here, I also don't know of anyone who lends 100% of purchase and 100% of rehab to newbies. Or even if you have experience, you would be a new customer.
You need to find someone to provide the cash: a family member, a partner who has cash and no time, etc. And to do that, you'll need to highlight what you bring to the table, other than enthusiasm.
Sorry, I know it's not what you were hoping to hear.