Thomas William Hileman
Best ways to pay a hard money lender each month
I’ve recently solidified a deal with a HML. My first time funding a deal this way. I am curious if there are any advantageous ways to send the monthly mortgage payment to them. My lender is very open and is accepti...
Tal Morad
The property being the collateral in a hard money loan
Hi, I would like to start being a hard money lender. I'm looking for a company that connects between HML and investors. Which company puts the first lean of the asset being the collateral on my name and not on the com...
Tal Morad
The property being the collateral in a hard money loan
Hi, I would like to start being a hard money lender. I'm looking for a company that connects between HML and investors. Which company puts the first lean of the asset being the collateral on my name and not on the com...
Aaron Fletcher
How do you get out of a hard money loan?
Hi! I had a question that for some reason has confused me.If you obtain a hard money loan for a purchase and the rehab of a single family home.And then want to rent the property.How do you pay back the loan in the tim...
Cullen Hardy
Generally...what's a good rate for a hard money lender?
I was investigating certain hard money lenders and was seeing 15-18% with a maximum term of 5 months...that seemed outrageous to me so I wanted to check in and see what would be considered a "good" rate.We can use an ...
Jason Cobb
Found my first deal, Looking for a hard money lender!
Hi BP people!
I found my first deal! Is a small duplex in Orlando. It needs some rehab. Offer price is 100k ARV is 135k will rent for about 1000 each side.
If there is anyone out there that can do the deal with me pl...
Tim Barnwell
Has anyone used Veristone capitol for a hard money lender?
Has anyone used veristone capitol for hard money lending or have recommendation for one in the Denver/ Colorado Springs area?
Thanks
Tim
Christine Krizenesky
Implications to using a HELOC as a “Hard money lender”?
2 Part question- This is hypothetical- wondering if there are any implications to using a HELOC as a hard money lender for our LLC to purchase a property that would be a flip, then once the money is made the LLC would...
Adam Peacock
Deciding whether to invest or be a hard money lender
So as I was reading the forums where hard money lenders were being researched, a thought struck me. I am a high earner and have maybe $150k extra cash per year to invest. If I were to use that cash to invest in buying...
Mayer M.
Being a hard money lender. Should I do it? Advice?
Hey All,I have been approached to act as a hard money lender on a small property (less than $100k all-in) close to where I live. I’m intrigued and am considering doing it, but have never done this before. I have exper...