All Forum Posts by: Anthony Palmiotto

@Connor Holly I am a hard money lender based in NJ but would certainly be able to help with a deal in Rochester. Feel free to reach out to me to discuss.

Anthony

First Equity Funding is a hard money lender based out of New Jersey lending nationwide. We lend on fix & flips, new construction, and other investment real estate. We finance new purchases and cash out refinances.

• Lending up to 90% of the purchase price
• Lending 100% of renovation costs
• Rates at low as 9% for flips and 8% for rental properties
• Interest only payments with no pre-payment penalty
• Loan amounts $80,000 - $5,000,000
• Fast closings and simple documentation

Contact: Anthony at 732-825-8095 or [email protected]

 Sent you a PM

First Equity Funding is a hard money lender based out of New Jersey lending nationwide. We lend on fix & flips, new construction, and other investment real estate. We finance new purchases and cash out refinances.

• Lending up to 90% of the purchase price
• Lending 100% of renovation costs
• Rates at low as 9% for flips and 8% for rental properties
• Interest only payments with no pre-payment penalty
• Loan amounts $80,000 - $5,000,000
• Fast closings and simple documentation

Contact: Anthony at 732-825-8095 or [email protected]

You are basically the exact reason that hard money lenders and other types of "no doc" loans exist. You'll be able to get financed if you have a good deal without having to worry about not showing any income on your tax returns.

Even most hard money lenders are going to require liquid cash for a down payment - probably around 20% for a newer investor.

I agree with the above...due to your time constraint, hard money is a viable option to close the property in 30 days.

Hello, I replied to your other thread where you posed this question. There are lenders who can get this done for you.

Hi Jeff, I am happy to help. Did you have any specific questions relating to hard money financing? It can be a great tool for flippers when utilized properly.

Some hard money lenders have rental products that are for stabilized properties. These loans would still be "no doc" but would offer lower rates than typical hard money due to the property being stabilized.