NORTH CAROLINA - Looking for true HARD MONEY 65%-70% LTV
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  1. #1
    Senior Member Reputation points: 1232
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    NORTH CAROLINA - Looking for true HARD MONEY 65%-70% LTV

    Looking for true hard money lender in NC:


    State: NC
    Credit Score: 510
    Non-Owner
    1 year bridge is fine.
    6 Unit property, appraised: 310k need 70% ltv
    11 unit property - estimated val: 495k, need 65%-70% ltv
    100% occupancy
    Need 65-70% ltv minimum.

  2. #2
    Senior Member Reputation points: 16709
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    Jackson Hole Wy
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    True Hard money lender not sure what you mean by that but if lender goes off of equity alone than max LTV is 50 -55%. Some are hard money no doc up to 55% other lenders are private non bank lenders up to 75% but require appraisals and financials etc.

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