Hard Money Lenders (South Carolina)

I have an investor friend who has an LLC. He is looking for a hard money lender to secure a 75% LTV on a property that appraises as-is for $100K. Is that a reasonable LTV? Also, will a hard money lender loan to an LLC or do they require a guarantor on the loan?



Any advise would be greatly appreciated.



Comments(3)

  • toddm15225th March, 2007

    Thank you for the information.

  • InvestmentBanker9th April, 2007

    Are you still looking for a hml in SC?
    [addsig]

  • toddm1529th April, 2007

    Yes. I think he has funding for the project that I originated this post about, but he is looking at other properties now as well. Thanks, Todd

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