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Updated over 4 years ago on . Most recent reply

User Stats

74
Posts
35
Votes
Damian Ramirez
  • Investor
  • Newport Beach, CA
35
Votes |
74
Posts

HML that lend in Cleveland

Damian Ramirez
  • Investor
  • Newport Beach, CA
Posted

Hello, 

I'm looking around for some HML's to add to my list that lend in Cleveland. If anyone has had any good experiences with a HML, please feel free to reply below.

Thank you all!

Most Popular Reply

User Stats

33
Posts
17
Votes
Sawyer Dina
  • Flipper/Rehabber
  • Cleveland, OH
17
Votes |
33
Posts
Sawyer Dina
  • Flipper/Rehabber
  • Cleveland, OH
Replied

Hey @Damian Ramirez! The majority of hard money lenders do appear to lend here in Ohio, so the good news is that you have plenty to choose from however not all are created equal. I have bias because I used to work as an underwriter for this lender but they do a tremendous job, the company is Fund That Flip.

After working for Fund That Flip I went full-time as an investor and I currently use them to finance my flips. Most of the rates among HML are generally pretty close however where Fund That Flip differs in my opinion is the flexibility and problem solving of their team. If you have a unique deal and need helping funding it they will bend over backwards to make sure they do everything possible within their power to close on it, even tossing out low appraisals (I did that while I was an UW) on certain deals where the appraiser was being a moron. Fund That Flip takes a more human approach than a lot of other lenders in my opinion and that comes with great value.

Feel free to reach out and mention my name if you choose to!

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