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Thinking of using a hard money lender for a deal. Just wondering What do these lenders commonly look for in a borrower?
I am a new investor. Sherman Bridge lending, a hard money lender was recommended to me by their sister company New western wholesalers.The loan funding was quick. But the moment I was locked in and started the rehab, ...
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Good morning BP! I have a few questions concerning hard money loans and a few other financial questions. So I'm interested in purchasing a multi family in Elizabeth New Jersey (Union County) and after going to multipl...
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Hey BP,I am looking to get a hard money loan to flip my first property. I am looking to flip with my dad. I want to know if we can get the hard money loan together or do we have to apply individually?If you have prior...
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Hello bp.. I am doing a hard money lendfor a friends fix and flip i need to get in contact with an attorney that will help me with the contract template/paperwork .. please if anyone can give me some tips an/ or refe...
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Hey all,My name is Alex and I want to find a deal this year!For the next 6 months I will be saving my a$$ off to build up the capital for my first investment. I will be targeting two areas; a fix & flip to pull ou...
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I have a question:I formed a LLC with another person. We applied and received a hard money loan to do a fix and flip. While doing that, I remember we both had to sign a Commercial Guaranty document. Does that mean we ...
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Hey all, I've been in the real estate game for a good many years, and I will say I've learned more from my failures than my successes. I originally started with 2 and 3 family homes, which I purchased with cash. The...
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i am looking at making my first buy and hold in a condo in Orlando the bank is requiring 20% down however I can only come up with 10%. Does anyone know a hard money lender that can finance the other 10% on a short ter...
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I'm trying to get a property under contract, but the agent wants proof of funds.. So is this where the Money Lender Comes in with a Letter to show I have the Funds? (New to Home Investing)