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Updated about 2 years ago on . Most recent reply

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786
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Cassidy Burns
  • Investor
  • Washington, DC
436
Votes |
786
Posts

Trouble finding Hard Money Lenders in Rural Areas???

Cassidy Burns
  • Investor
  • Washington, DC
Posted

Good Morning BP,

I'm curious if anyone else is having trouble finding Hard Money Lenders that will lend in smaller Rural towns? I Invest in rural SW Virginia in Clifton Forge, Covington, and Hot Springs Virginia and have had an awful hard time finding hard money guys that will lend in those areas. I am around 40 miles outside of Roanoke, VA.

I've done around 15 deals in this area over the last 1.5 year and the margins are great! But have had trouble scaling.  

Curious if anyone else is having this issue?

Happy Holidays ! 

Most Popular Reply

User Stats

786
Posts
436
Votes
Cassidy Burns
  • Investor
  • Washington, DC
436
Votes |
786
Posts
Cassidy Burns
  • Investor
  • Washington, DC
Replied

Hey @Jason Grimm i'll reach out! 

@Patti Robertson

@Patti Robertson conventional financing is great , but in my opinion to be able to scale, having access to the "faster money" would be very beneficial to scale up the business IMO.  

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