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Results (10,000+)
Jonathan Small Roach and Insect Fix and Keep
13 February 2024 | 1 reply
The down payment and renovations was collateralized by another properties equity How did you add value to the deal?
Alex Sinunu Challenges with Second Trust Deed
13 February 2024 | 11 replies
Goal is to find strong collateral for the loan. 
Beth Johnson A few reminders for DIY private money lenders
12 February 2024 | 2 replies
.🛑 Unrealistic ROIBeware of deals promising excessively high returns without proper collateral or penalties.
Dennis Walker Deferred Sales Trust
12 February 2024 | 18 replies
Crow Collateral Corp.
Wyatt Wolff Hard Money, Helocs, and other jazz
12 February 2024 | 7 replies
Typically our lending partners programs are as follows:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 65% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.
Arshiya Taami What are some requirements I need to get a Hard Money Loan for my first Fix&Flip?
12 February 2024 | 11 replies
Most work this way: Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 65% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.
William Coet Do Lenders Prefer a Borrower Has Real Estate Portfolio When Lending On Real Estate?
12 February 2024 | 12 replies
They already know your track history and plans.Also, if you plan to scale, you will be able to cross collateralize between properties and loans, if you are with the same lender. 
Patrick Donohue Long Island
12 February 2024 | 20 replies
Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 we charge $2,500 minimum)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 WeeksWe have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WV, WI, WY.
Peyton LaBarbera How do you protect your properties?
12 February 2024 | 20 replies
If you have different investors involved in the various projects who each have membership interest, this would require separate LLC's and in some instances if different lenders are involved they may not want other lenders collateralizing assets titled to the same LLC.
Nathan Cain Assume/subto then second mortgage?
9 February 2024 | 4 replies
Do you have any assets now that you can collateralize.