All Forum Posts by: Danielle C.

 You seem to really enjoy trolling but haven't offered much in the way of good advice lol. 

I know a regular bank takes such a long time to originate a loan. HML are quicker to close, which, in many cases, can be critical. Thanks for the input!

If we go through a bank, can we have the home purchased using our LLC name with us as the PG?

Have any of you used hard money for a flip? Or do you consider private money to be more preferential for a first flip?

@Jake Washburn We do own our home, so we may consider the HELOC. I am more cautious about putting our personal home in this mix, but we want to get started in this business. @Joseph Scorese Do you have any HML you prefer to work with in PA? I have taken classes, done the research but we have never done a deal before... so any advice would be truly appreciated. Thank you!

Hi All! 

My husband and I have recently gotten our LLC approved by Pennsylvania and are on the look out for our first fix and flip. I have a question about hard money. We are looking at multiple hard money lenders to finance our deal. Would we be able to use a credit card as the down payment for the loan? Is there a better way to get down payment money? We don't have much in the way of capital as of right now, but both of us have credit scores of 820. Thank you!