Hard Money Lending After Corona
Anyone having any luck with hard money lenders? All lenders have changed their rates and terms last minute because the investment bankers are not buying. Instead of 10% down on a fix and flip I am quoted 20-35%. Instead of 20-25% down on rental loan, I'm being told all rental loans are on "pause"
The only lender I am having luck is one who has their own capital.
Does anyone have recommendations on lenders who use their own capital?