Hard Money Lender in Raleigh, NC

I am looking for a hard money lender who will work on a deal in Raleigh, North Carolina. I have good credit and have money to put down. I was recently pre-approved by a hard money source until I learned they don't do deals in my area. I'm looking for someone who will do deals ranging from $50k - $250k.

Any suggestions is greatly appreciated.

Edited: 06/26/2010 at 03:25AM

Ben Carmona

· Wentzville/St. Louis, Missouri

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Mar 13 '07, 11:46 PM

Marc,

There are several reputable HML that loan in NC. As you can imagine, each has it's own set of guidelines.

There are several questions that need to be addressed to determine which lender would be best to refer you to.

I'll shoot you over a PM.

Edited: 06/26/2010 at 03:25AM

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Mar 14 '07, 12:25 AM

Thanks Ben - I just replied to your PM.

Marc

Edited: 06/26/2010 at 03:25AM

Ryan Steele

Real Estate Investor · Chicago, Illinois

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Mar 14 '07, 11:56 AM

Marc,

There are several HMLs that are local as well as several that lend practically nationwide. I know of one that lends in 45 states so might as well be nationwide.

If you need some referrals, just let me know.

Edited: 06/26/2010 at 03:25AM

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Mar 15 '07, 04:37 AM

Originally posted by "Investment Loans"

Marc,

There are several reputable HML that loan in NC. As you can imagine, each has it's own set of guidelines.

There are several questions that need to be addressed to determine which lender would be best to refer you to.

I'll shoot you over a PM.

Hello,
I happen to be interested in the same issue as mac is and will be glad if you can please send me any such people or company that do hard money loans here in raleigh north carolina,thanks.
Ade

Edited: 06/26/2010 at 03:25AM

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Mar 15 '07, 04:41 AM

Originally posted by "4rmgt"

Marc,

There are several HMLs that are local as well as several that lend practically nationwide. I know of one that lends in 45 states so might as well be nationwide.

If you need some referrals, just let me know.

Hello,
I am in search of hard money lenders and would like to know if you know of any in raleigh nc.
Will be glad to recieve a feed back soon,thanks.
Ade Otaru

Edited: 06/26/2010 at 03:25AM

Ben Carmona

· Wentzville/St. Louis, Missouri

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Mar 15 '07, 04:42 AM

sent!

Edited: 06/26/2010 at 03:25AM

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Apr 22 '07, 07:47 AM

Need a rehab lender in Charlottesville (NC) who can pre-qualify.

Can you give a help? Thanks

Edited: 06/26/2010 at 03:31AM

Ben Carmona

· Wentzville/St. Louis, Missouri

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Apr 23 '07, 10:58 PM

Sure,

Can you in started in the right direction. Will send a PM.

Edited: 06/26/2010 at 03:31AM

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Jun 09 '07, 05:34 AM

If you still need a hardmoney lender for your deals or need another one for reserve, send me a PM and I'll get your info.

Kelvin

Edited: 06/26/2010 at 03:38AM

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Aug 25 '07, 10:51 AM

Hello All,

I am in Charlotte, and I have been looking for the same thing.

I would really appreciate it if someone could shoot me the list of reputable hard money lends NC.

Also has anyone used a HM lender in NC? How did it go?

Thank you

Alex

Edited: 06/26/2010 at 03:55AM

Scott Miller

Real Estate Lender

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Aug 26 '07, 05:19 AM

For coastal communities in NC, I have assess to funding that doesn't require:

Now a hard money loan that doesn't require:

- Checking Your Credit
- Calculating your Debt-to-Income
- Verifying Your Employment & Income
- Documentation like W-2s, Bank Statements or Tax Returns
- A Down Payment
- Cross-Collateralization or Lien-Based Securitization
- A Monthly Mortgage Payment
- A Pre-Payment Penalty

General Guidelines:

* Individuals and newly formed LLC's can get financing to include the acquisition costs + rehab costs + closing costs + monthly payments up to 70-75 ARV.
* 12 month amortization schedules available
* Investors can finance unlimited properties
* Repayment is based upon interest only payments (monthly payments will be rolled into the loan---no direct payments required during the life of the loan)

Several other options ranging from 65 to 80 ARV also available.

Regards,

Scott Miller

Edited: 06/26/2010 at 03:55AM

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Sep 13 '07, 06:11 AM

Originally posted by "Investment Loans"

Sure,

Can you in started in the right direction. Will send a PM.

Can I also recieve this PM I to am in raleigh. Thanks

Edited: 06/26/2010 at 03:59AM

A Short

Real Estate Investor · North of Triangle, NC

3 posts
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Sep 16 '07, 05:15 AM

I am a seasoned rehab investor seeking HML and Private Lenders in adjacent rural counties around the Raleigh, NC metro area. Multi-family, single family stick built and manufactured homes on permanent foundations w/land.

Edited: 06/26/2010 at 03:59AM

Claudette K.

Real Estate Investor · Yonkers, New York

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Sep 16 '07, 06:06 AM

EZLoan [reg Aug 26 post]

Does this program fund deals in New York and/or New Jersey?

Thanks, just getting started and want to get my ducks in a row.

I'll await your reply or anyone else's

Edited: 06/26/2010 at 03:59AM

Ben Carmona

· Wentzville/St. Louis, Missouri

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Sep 16 '07, 10:10 PM

Originally posted by "hsedoctr"

I am a seasoned rehab investor seeking HML and Private Lenders in adjacent rural counties around the Raleigh, NC metro area. Multi-family, single family stick built and manufactured homes on permanent foundations w/land.

There are several great HML for that area. Will send over a PM so we can determine which one would be best for your needs.

Edited: 06/26/2010 at 03:59AM

Ben Carmona

· Wentzville/St. Louis, Missouri

359 posts
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Sep 16 '07, 10:11 PM

Originally posted by "king[ny

"]EZLoan [reg Aug 26 post]

Does this program fund deals in New York and/or New Jersey?

Thanks, just getting started and want to get my ducks in a row.

I'll await your reply or anyone else's

What parts of NY or NJ?

Edited: 06/26/2010 at 03:59AM

Claudette K.

Real Estate Investor · Yonkers, New York

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Sep 16 '07, 11:09 PM

Thanks for the response.

Looking in Westchester County and Northern NJ [Essex County]

Edited: 06/26/2010 at 03:59AM

Ben Carmona

· Wentzville/St. Louis, Missouri

359 posts
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Sep 16 '07, 11:19 PM

Originally posted by "king[ny

"]Thanks for the response.

Looking in Westchester County and Northern NJ [Essex County]

There are several great sources for those areas. I will send over a pm.

Edited: 06/26/2010 at 03:59AM

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Sep 19 '07, 07:14 AM

i've heard of a lender that does HML up to 65% ARV, and that they reimburse repair costs, after they have been invoiced. Does anyone know of such a lender, if so please PM me or email me.

thanks

Edited: 06/26/2010 at 04:00AM

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