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Updated about 8 years ago on . Most recent reply

User Stats

22
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8
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Zach Hubert-Allen
  • Real Estate Professional
  • San Francisco, CA
8
Votes |
22
Posts

Best Hard Money Lenders for Fix and Flip

Zach Hubert-Allen
  • Real Estate Professional
  • San Francisco, CA
Posted

Hey BiggerPockets! Just wanted to feel the room a little bit. What hard money lenders do you enjoy working with and why? I am in the HML space and want to know what borrowers value most when it comes to lenders. All responses appreciated!

Most Popular Reply

User Stats

773
Posts
225
Votes
John Mathewson
  • Developer
  • Hobart, IN
225
Votes |
773
Posts
John Mathewson
  • Developer
  • Hobart, IN
Replied

Honesty and communication. Look everyone knows the rates for hard money are higher than others that's because it's short term lending and there is a reason why they are looking for hard money. Just be honest and up front about costs, fees if you can or cant fund a deal. 

A lot of frustration comes from a hard money lender overselling and under delivering. 

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