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  1. #1

    Hard Money

    Looking for lenders that deal with hard money, 3MM in Appraisals looking for 650k-800k as a bridge. The land is encumbered and, will serve him as a bridge for his up and coming project.



    PLEASE PRIVATE MESSAGE ME

  2. #2
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    ouch, if it wasn't land i would entertain it.
    Jerry Starr
    Insource Funding
    433 Plaza Real, Ste 275 Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    Jerry@insourcefunding.net | insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

  3. #3
    Quote Originally Posted by Jstarr View Post
    ouch, if it wasn't land i would entertain it.
    Any recommendations?

  4. #4
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    normandy
    Jerry Starr
    Insource Funding
    433 Plaza Real, Ste 275 Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    Jerry@insourcefunding.net | insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

  5. #5
    Senior Member Reputation points: 1232
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    I PM'd you.

  6. #6
    Member Reputation points: 10
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    Do you know who does hard money loans in Puerto Rico?

  7. #7
    I PM'd you

  8. #8
    What are requirements for fix n flip persons?

  9. #9
    Senior Member Reputation points: 11375
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    Quote Originally Posted by dailyfunderppt View Post
    What are requirements for fix n flip persons?
    These vary based on property type, credit scores, location, borrower experience, etc. If you have a specific scenario you'd like to discuss, feel free to message me and I can walk you through the process.

  10. #10
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Im not concerned about credit score, Im more concerned about the asset, current value, after repair value and borrower experience - If they are new to flipping houses, i can only offer 80% lTV on the purchase, and if they've flipped 3 or more in the last 12, up to 90%.

    Quote Originally Posted by dailyfunderppt View Post
    What are requirements for fix n flip persons?
    Jerry Starr
    Insource Funding
    433 Plaza Real, Ste 275 Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    Jerry@insourcefunding.net | insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

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