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Buying & Selling Real Estate

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Nathaniel Walker
  • Investor
  • Tampa, FL
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Investment Property Funding

Nathaniel Walker
  • Investor
  • Tampa, FL
Posted May 18 2020, 11:10

New Investor in Florida looking to fund my first property that I will exercise the BRRRR method on. Any suggestions to fund an investment property in a time like this or referrals for Hard Money lenders? Thank You all!

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Cory Carlson
  • Real Estate Broker
  • Oregon
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Cory Carlson
  • Real Estate Broker
  • Oregon
Replied May 18 2020, 12:06

Do some searching around the forums, lots to threads and content in these forums to help answer some of these preliminary type questions. There is also a regional forums section for Florida that will likely have some resources to help get you started in your market of choice. 

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Nathaniel Walker
  • Investor
  • Tampa, FL
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Nathaniel Walker
  • Investor
  • Tampa, FL
Replied May 18 2020, 13:55

@Cory Carlson Yeah I've been looking around as well as calling quite a few Hard Money Lenders i just haven't had any success yet but thank you.

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Odie Ayaga
  • Specialist
  • Delran, NJ
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Odie Ayaga
  • Specialist
  • Delran, NJ
Replied May 18 2020, 14:15

What kind of property are you looking? What price point? At what LTV are you looking to get in at on a hard money loan? You'll need a refi lender I'd make sure you have one lined up before you get into the property to make sure you're exit strategy is solid