All Forum Posts by: AJ Exner

The main one we utilize is GroundFloor, they have some really good programs with 12-18 month terms and bundled fees. I would be happy to help walk you through them if you want to DM me or connect.

Correct, for most PML, especially institutional sources, that amount won't be high enough to lend, especially on any kind of second position. Looking at the total loan size as compared to what you need to get out might help as a few small SFR portfolio lenders would take total loan amount into consideration over the average price per property.

You would also run the risk of wavering property values on the appraisal, plus the appraisal cost per property. There is some up front risk, but I think it would be doable by just refinancing.

Hey all,

Just got back from my (and my firm's) first BPCon down in Orlando. Amazing time and will DEFINITELY be planning to get to Cancun next year.

Looking for the best way to get started. I would like to start investing soon, but my full time is brokering for Hard/Private money loans. I'm trying to figure out the sweet spot between utilizing the space to expand my client base, while also not sounding too, spam/sales-y. Any advice? 

Thanks!

Neetu,

I am a broker for hard money and have a few options at 80%. Are you looking for a buy and hold, or are you looking for properties that need a little bit of rehab? 

Feel free to message me and I would love to connect if you have some time.

Thank you