DIY and Hard Money

[Karen K.]

Do Hard Money lenders typically loan to you when you plan to do most of the repairs yourself?  Anything requiring a license would be done by a professional, but my husband would like to do as much as he can himself.  

[Boris Grinberg]

@Karen K.  We are hard money lender and we offer construction loans. We would finance all expenses but not the work that your husband would do. Lets assume that he is a an electrician and he buys stuff for 10K and, the work he puts in is worth roughly 5K (if other electricians would have done the work). We can finance 10k , but we would not finance 5k of his work.