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Updated almost 7 years ago on . Most recent reply

User Stats

76
Posts
28
Votes
Andria Kobylinski
  • Rental Property Investor
  • Richmond, VA
28
Votes |
76
Posts

Local Hard Money? Does it matter?

Andria Kobylinski
  • Rental Property Investor
  • Richmond, VA
Posted

Is there any benefit to using a local hard money lender? If so does anyone have a recommendation in Richmond VA? If not any other recommendations are appreciated!

  • Andria Kobylinski
  • Most Popular Reply

    User Stats

    1,166
    Posts
    371
    Votes
    Tarik Turner
    • Lender
    • Hackensack, NJ
    371
    Votes |
    1,166
    Posts
    Tarik Turner
    • Lender
    • Hackensack, NJ
    Replied

    I think the only time it really matters is if the town is pretty rural. In that case someone who is local may understand the market a bit better but other than that it is all about creating a great relationship with a lending company who can offer you competitive rates and close in a timely manner 

    (My opinion only) 

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