All Forum Posts by: Tarik Turner

@Jay Dean I actually have a hedge fund lender who can loan at 5% but honestly the size of the deal would need to be bigger than this one from a financial standpoint ..

My hats off to you I love seeing people prosper @Ken P.

Where is the land located? 

Hard money lenders typically only lend on investment properties. Are you purchasing it in an LLC? what is the purchase price and loan amount needed?

Yeah 100% financing is tough but there actually are some situations where you can get 100% financing on short term fix and flip projects. If you have a decent credit score then it really would just depend on the deal. PM me

Credit although is important always remember the deal is king... 

Find the right deal and someone will lend on it for sure

Are you looking for money for the down payment or for the purchase? 

most private lenders would go to about 75% of the purchase price 

the other option is to see if you can find a seller willing to hold a note for a portion of the last 25% (maybe 10 to 15%) and you can come up with the difference but most lenders want you to have some skin in the game as well 

Yes portfolio lenders would be the way to go. your rates won't come close to the bank rates but you might get something in the 7.5% range as long as your credit score is around 700 

Tough rates to match but I may have a hedge fund guy that might be able to come close depending on the details of the deal shoot me a message and lets network

I recently closed on a MHP deal as well there are lenders out there who will finance that amount especially if the income/property value  is there.

Always willing to assist but it seems you have a few helping hands ready and willing to assist 

Good luck with the deal

How much is needed for the job?