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Updated 23 days ago on . Most recent reply
Regarding Hard money Loan
Dear ALL,
I have a deal which I am working on . The purchase price of the property is 180 K, closing cost is 42 K, with monthly interest payments of $1600. Any recommendations for any lender who can offer lesser closing cost and interest rates .
I appreciate your cooperation
thanks
Joshua
Most Popular Reply
Check out Longhorn Investments at longhorninvestments.com. Chip Cagle is your local expert and can be reached via the website. Longhorn can offer 100% of purchase price and rehab (up to 75% ARV on total loan size) and there is not an experience requirement as long as it's not heavy rehab. Quick closing and investor-friendly reputation. You should definitely consider this option as your down payment may get to or near $0. Of course, normal closing costs will be on top of that.