A HM Lender that sounds promising, Even for Newbies like Me!

[Steven Harris]

What's your take on Stratton Equities?

After coming from a meeting with a wholesale realty company and discussing HM loans, my Lyft driver (yea, I don't drive either) told me about Stratton. I've had a few conversations with them and they seem like a great lender for newbies like me. Rather than having to pay almost 50% on a property as I was told I'd have to by the other guys, Stratton would lend me up to 90% of the cost to buy. None of the three reps I spoke with said I'd have to come to the table with anything close to 50% regardless of my lack of RE investing experience. Again, this *sounds* promising. I'll follow up, for those who're following my journey :^)

FIX-N-FLIP LOANS
Starting at 7.25%

• Up to 90% of Property Purchase Amount

• 100% Financing on Rehab Costs, 75% ARV

• No Interest Charged on Unused Rehab Funds

• 12-18 Month Interest Only (No Pre-payment Penalty)

• Also Available: Multifamily Bridge Loans up to $5M