I have now just finished my 3rd flips in Delaware area. So far I only used my own money to do flips. But I am thinking about using hard money to do next project. Do you guys know any good hard money lenders I can work with? And what would be the typical terms for using hard money? Btw. I have about 100K capital that I work with. Thanks for helping out!
From Silver Spring and you are investing in Delaware!? I feel like there is a lot of opportunity in your area. Curious why you chose Delaware.
As for lenders, unfortunately I haven't run into anyone for Delaware. Good luck!
@Jordan Kim DelREIA provides hard money. Probably 12% and 2-3 pts. They have a funding page at DelREIA dot com.
@Eric Armstrong Thanks Eric, I will check it out.
@Kerry Boyle Just suits me better. I have GC and realtor that I work with there. As well as my capital situation.
Merci! @James Masotti
Quite familiar with Delaware. Was just there two weeks ago, actually. That bridge still bothers me :-/
@James Masotti Thanks James.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing