All Forum Posts by: Account Closed

Good evening, 

So I'm trying to get a better grasp at the hard money lender options. I have almost 40k saved up and only way that I know is the conventional route. My realtor believes that I go this route as well even though I briefly explained to her about hard money lenders. I see a lot of investors even on social media talk about acquiring properties without a dime out of their own pockets and I want to follow that route as well! Are there really any disadvantages about using hard money lenders? Should I use a different realtor? 

Looking forward to reading the feedback. Thank you so much!

Thank you everyone for the advice and helpful tips. I appreciate all of them! 

@Account Closed Thank you so much for the response. Completely understand and appreciate how you broke it down. Will apply the advice and gain experience.

So I just recently formed an LLC and would like to know how much I can borrow. When getting pre-approved, do you have to do it personally or can you go through your LLC? Or should it be done with private/money lenders and then refinance afterwards? Looking forward hearing the responses. Thank you and really appreciate it!