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Forums » Seeking Financing, Money, or Loans » Hard/Private Money in NC

Hard/Private Money in NC Subscribe to Hard/Private Money in NC

7 posts by 5 users

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M. Jones

Real Estate Investor · North Carolina


Forum_avatar_avatar-sencinvestor

Icon_minipost Nov 16 '08, 07:32 AM

Does anyone know of a quality HML or PML that lends in southeastern NC?

Edited: 06/26/2010 at 06:24AM


Joshua Dorkin

BiggerPockets Founder · Denver, Colorado


Forum_avatar_avatar-biggerpo
DonorPro

Icon_minipost Nov 16 '08, 07:56 AM

I'm working on compiling a list of HMLs, but don't have any yet that focus on NC. If you find one, let me know and we'll add to the list (coming soon)

Edited: 06/26/2010 at 06:24AM

Small_bplogo20aJoshua Dorkin, BiggerPockets, Inc.
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Mark A.

Real Estate Investor · Orlando, Florida


Forum_avatar_avatar-flflipper

Icon_minipost Nov 17 '08, 12:51 AM

I do, check out my signature.

Edited: 06/26/2010 at 06:24AM


Ben Carmona

· Wentzville/St. Louis, Missouri


Forum_avatar_avatar-investment_loan

Icon_minipost Nov 17 '08, 06:14 AM

There are several great sources for NC. More info is needed to determine which ones may work.

Exactly why do you want to use hml? Is it because of your credit and/or other qualifying criteria or because you just want to use other peoples money?

Edited: 06/26/2010 at 06:24AM


M. Jones

Real Estate Investor · North Carolina


Forum_avatar_avatar-sencinvestor

Icon_minipost Nov 23 '08, 08:22 AM

I want to use other people's money. But I would prefer to use lenders that base everything solely on the property without the hassles of checking credit. Mine isn't perfect by any means, and I would hate to lose potentially great deals due to that if it could be avoided.

Edited: 06/26/2010 at 06:27AM


Ben Carmona

· Wentzville/St. Louis, Missouri


Forum_avatar_avatar-investment_loan

Icon_minipost Nov 24 '08, 03:34 AM

For that type of financing you probably wont qualify for a rehab loan. It would be a loan based on just getting the purchase complete. Probably still need to bring in 10-20% of purchase price.

Edited: 06/26/2010 at 06:27AM


Account Closed


Forum_avatar_avatar-c

Icon_minipost Dec 08 '08, 02:08 PM

I do too.

Edited: 06/26/2010 at 06:35AM


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