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Updated almost 2 years ago on . Most recent reply
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Hard money lenders for first time investors
Are there any hard money lenders that work with first time investors ?
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Quote from @Crystal Mickles:
Are there any hard money lenders that work with first time investors ?
Hi Crystal,
There are quite a few different hard money lenders that will work with first time investors. 1st timers are usually capped at lower LTV/max loan amount and higher pricing. But as you gain more experience, the max LTV can increase quite nicely and you'll get better pricing. I'd say do some research in the forums and look at some Hard Money Lenders listed in the Network tab above. Talk to a few of them, ask a lot of questions, read their reviews, and see what they offer! You'll want to fully understand what you're getting yourself into before anything.