Hard Money for primary home in Dallas, TX
I currently in process of looking to purchase a home as primary residence.
However, I cant go conventional route due to recent BK and Shortsale from a divorce that lagged on.
I have been offered deals from HOMELPC and a private loaner looking for:
Home price $250K Rent: $2500-$2800 +/- Down Payment: 10%
And even split on appreciation of home.
=====================
Are there better options out there? Mind you I am aware, I wont get any great deals in comparison to conventional loans.
I wanted to put in 40-60k down with private lender hoping to have a friendlier deal, as I'm putting quite a bit down for a 250k range home.
Quick respond will be greatly appreciated!!
HJ