Flatiron realty capital
2 Replies
Scott Rauch
Rental Property Investor from Orchard Park NY
posted about 2 months ago
Has anyone used the direct money lender FlatIron Realty Capital out of NY before? If so what are the pro’s and con’s in dealing with them? Thanks
Sandra Regnell
Rental Property Investor from Vancouver, WA
replied 13 days ago
@Scott Rauch my guy is in conversation with them. No deals yet. Do you have updates?
Scott Rauch
Rental Property Investor from Orchard Park NY
replied 12 days ago
@Sandra Regnell No we didn't end up using them. You can only borrow if you have an llc. I don't have an llc just have great liability coverage on my properties. Costs of doing the loan seemed high with the added points along with the interest rate. Instead I opened a HELOC from my personal property that gives me access to cash. Good luck and let me know how it works out for you.