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Updated over 11 years ago,
Has anyone used GMA's Fix and Flip Program Before?
I'm fairly new to real estate investing and am currently doing research on rehab opportunities in Pittsburgh. I came across a national lender called GMA Factor that offers hard money at 13% interest. Has anyone used them before? Is 13% typical for hard money?
http://www.factoring-invoices.com/fix-and-flip-program/
Unfortunately, I don't qualify for a traditional mortgage since I don't have 2 years work history and am not currently earning a salary.
Thanks!