Hard Money & Flip Funding References
I am looking for references for hard money lenders or other types of flip funding providers. I have done some searching but would really like to hear FIRST HAND recommendations from folks that have used any themselves. I am in Des Moines Iowa and local services would be a plus but not necessarily required. This would be our first flip. We have one duplex, and have built one new construction home.
What are the main things you look for in a lender?
What questions should I ask them?
What things should I have together before I contact them?
What are acceptable rates, fees, and LTV or LTC levels you are seeing for your projects?
Thank you for any information you may be able to give. I am going to be compiling a list and contacting them next week!