Private Lender in Philadelphia

[Jiwon Lee]

Hi all,

I am looking to buy a SFH in Philadelphia at around $100,000 with rehab of $50,000. Any recommendation of hard money or private lenders? I greatly appreciate your input.

[Robin Simon]

Quote from @Erik Estrada:

Quote from @David M.:

@Erik Estrada how is that still not a hard money / private lender?

 Most "Hard Money/PM lenders" are expensive. I have seen many charge 4-5 points and rates are above 10%. The fix and flip loan is basically hard money, just not as expensive as going with a traditional hard money/pm lender. 

 Can you clarify how you are differentiating these?  Most "fix and flip" lenders consider themselves to be hard money