Rehab Lender

I have a sweet deal under contract and I need a hard money lender . Where could I find someone to structure this deal or how would I go about this. I need to close, rehab and then get cash flow.

Comments(3)

  • bargain7619th May, 2009

    Hard Money lenders are still active....but very cautious.

    You need to have skin in the game...a decent amount of earnest money, a great credit score...which indicates you have in the past met your obligations, a viable deal and a history of successful completionsof deals of this kind.

    Do you measure up?

    It seems Lenders have reverted to the old standards of: Before we lose ANYTHING, you lose EVERYTHING!
    [addsig]

  • ralphnatl7th June, 2009

    TBInvestor is correct!! I have one with a hud repo I want to assign and one that is a property I want to live in.. I can now go on the sec. of state website and do the LLc.( It is only $100 here in Georgia) then have the agent place my bid.
    THANKS FOR THE SPEEDY response

  • cjmazur9th July, 2009

    what out of the 175 is he willing to accept?

    Have you looked at the affordable housing stds in LV?

    can he sell the units subject to the 175?

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