Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

53
Posts
8
Votes
Sam Tright
8
Votes |
53
Posts

How many active loans raises an eyebrow with hard money lenders?

Sam Tright
Posted
One local HML allows up to 3 loans on his own. So that's a useful floor.

If you have 10 hard money loans would that draw concern from most lenders? Trying to find out how they think about short term borrowing capacity for fix and flips.

Most Popular Reply

User Stats

507
Posts
319
Votes
Clayton Silva
  • Lender
  • California
319
Votes |
507
Posts
Clayton Silva
  • Lender
  • California
Replied

We work with a lot of different hard money lenders, and typically they analyze everything on a deal by deal basis.  As far as I understand as long as your credit score is sufficient for their liking, they (hard money lenders in our network at least) do not care how many you have.  We also have some pretty cool bridge products for flippers right now too! 

Loading replies...