Hi everyone, I’m new here. I’ll have $12k to put into a rehab deal in a couple of months. I just wanted to know whether hard money lenders would do a deal with a first time investor through an LLC even though i have a...
I have had a few offers from people who want me to lend them hard money. I was wondering if anyone had longer term real world experience on what they grossed /netted as a hard money lender? Please let me know what rat...
Hi all,Situation: Evaluating a contracted $70k (ARV $120k) 3/2/2 SFR for a Buy-an-Hold rental at 1100/month, and with hard money lending at 15% (6 month term). With this temporary funding it is going to be break-even...
Hello,
I have a investor who says it is ridiculous to pay 12% interest on a hard money loan. I tried to explain to them that leveraging your funds is a great way to protect yourself from further risk and that using h...
Hey everyone!I just posted a few days ago about my situation, but this time I will simply:In short- I am currently under contract for buying a property zoned as a duplex/multi family. I did not find out until a few da...
what are the average interest rates I should expect on a hard money lender on a 30 year fixed mortgage? I'm looking at lenders who don't look at debt to income ratio.
So I am trying to buy this deal. The verbal contract is at 45k and needs about 10k in repair. The house has a back apartment. I will end up getting 2k per month from the deal but I am having a hard time finding lender...
Has anyone on this forum ever dealt with a hard money lender called, DoHardMoney.com ?? This company is charging a membership fee with the promise that 'students' will get 100% financing loans !! Then they charge a $5...
Hey there, my business partner and I have began looking for properties anywhere in the metroplex. Our ultimate goal is to buy and hold multi family or SFH, ideally with the brrr strategy. We are willing to do flips, b...
can some one recommend a good hard money lender that can close a deal with out taking up front fees?