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Updated over 2 years ago on . Most recent reply
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Hard Money Lenders in the Philadelphia Area
Hi everyone- I am a BRRRR investor looking for a reputable HML in the Philly area. I currently use a private lender, but he'll only lend on the purchase, not the rehab. For the rehab I've been using a personal line of credit. I've read the countless horror stories here on BP regarding some HMLs and I'm trying to avoid those guys. What companies are you guys using?
Thanks for your help!
Most Popular Reply
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@Matthew Gonglik My investors have had amazing experiences with iFundCities, Rehab Financial Group, and Spring Garden Lending. By amazing I mean very communicative, easy to work with, met deadlines, and stayed true to their loan terms. Stay away from Lima One (this goes for all cities)! If you need direct contacts for the companies I mentioned, send me a PM.