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Updated over 5 years ago on . Most recent reply
Looking for investors who have used either Angel Oak Prime Bridge or DoHardMoney.com
I am a new investor.
My investing partner and I are looking to do our first deal with no money down through my LLC. We need a hard money lender that will give us funding for the initial purchase and rehab, so we will need a ARV loan.
It seems as though these 2 lenders fit the bill. But, I am seeking any additional information and/or first hand experience that anyone could share about either Angel Oak Prime Bridge or DoHardMoney. Thanks in advance!
Most Popular Reply
Angel Oak stepped in to help me when I had a complex project that was nearly completed when a contractor walked off the job. I needed more time as my previous loan was about to expire. They approved the loan, agreed to provide more cash than I requested to complete the repairs, and then disappeared. I found out 3 days before the other lender was foreclosing that they had decided not to fund me. This was a shameful way to treat a good borrower. I will do all I can to avoid this lender in the future.