Hello everyone,

I came across a lender that I am considering using for a fix/flip. I'm reaching out to see if anyone has worked with them. The company is called Loan Guys. Any information about current and/or past experiences would be much appreciated.

Thanks,

Josh

I just checked out their website, nothing jumps out as fishy off the bat. Definitely not the best website though. Where did you hear about them? 
My wife and I just refinanced to the "Life Changer Loan" and we love it! We're going to fund out next deal ourselves by utilizing our equity position through the Life Changer Loan. I'd definitely recommend checking out their website too. 

@Justin Phillips thanks for the info. I think I saw an Instagram ad originally, which I never normally click on. I’ll check out Life Changer Loan. Thanks for the tip. What type of rate/term did you get with them?

Have you checked the "Loan guys" out on BBB? Not all companies pay to be certified, but it's usually a good sign. 

The Life Changer Loan is a much different style, as it's a line of credit that throws all your income towards your loan balance. With money savings/cashflow, it allows for a much quicker payoff. The rate is variable based on Libor, currently at 3.89%. We're looking to have our investment condo in Murrieta paid off in about 3 years. If the numbers work for you, I think it's the best option for investors because it offers so much flexibility. 

@justinphillips that's a good idea. I'll look into the BBB. Life changer loan is on my list to check out. Definitely sounds interesting as an option for the quick payoff. I like that. 

Sounds good! Definitely a great time to get going on a Re-FI.