Anyone have experience with Zoltar Lending out of Cincinnati?

Anyone have experience with Zoltar Lending out of Cincinnati?

Flipper/Rehabber · Missoula, MT · Member since 2021 · 6 posts · 4 votes

Hello all, came across a contact from Zoltar Lending on Facebook and I am skeptical as you might expect. Based on their business filings, they have been in business for over 18 years. Does anyone have any experience with them? Are they legit, timely, professional and pleasant to work with? 

Thanks in advance, 

Kyle

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Lender · Member since 2022 · 217 posts · 149 votes
2y

We're in Cincinnati, never heard of them and we go to a lot of REI events in town.

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  • 12 Penns Trail Suite 138 Newtown, PA 18940 · Member since 2023 · 1k+ posts · 319 votes
    2y

    What type of loan are you in the market for ? 

  • Lender · Member since 2022 · 217 posts · 149 votes
    2y

    We're in Cincinnati, never heard of them and we go to a lot of REI events in town.

  • Flipper/Rehabber · Missoula, MT · Member since 2021 · 6 posts · 4 votes
    2y

    @Ryan Stuckey thanks for your response. 

  • Flipper/Rehabber · Missoula, MT · Member since 2021 · 6 posts · 4 votes
    2y
    Quote from @Jacob Sherman:

    What type of loan are you in the market for ? 


     Predominately fix and flip. 

  • Rental Property Investor · Cincinnati, OH · Member since 2023 · 62 posts · 35 votes
    2y

    +1 Recommend @Ryan Stuckey 100% fix and flip / BRRRR financing

  • 12 Penns Trail Suite 138 Newtown, PA 18940 · Member since 2023 · 1k+ posts · 319 votes
    2y
    Quote from @Kyle Canzian:
    Quote from @Jacob Sherman:

    What type of loan are you in the market for ? 


     Predominately fix and flip. 


    We're a direct lender specializing in bridge, fix and flip, ground up construction and DSCR . No income no doc . Let me know if you have any questions or would like to review any scenarios

  • Samuel DioufBusiness Member
    Real Estate Agent · Columbus & Cleveland, OH · Member since 2023 · 1k+ posts · 1k+ votes
    2y

    I can refer you to a great hard money lender for flips.

  • Austin ClarenceBusiness Member
    Lender · Phoenix, AZ · Member since 2023 · 136 posts · 32 votes
    2y

    If you google the company and do not see any reviews that usually is not the best sign. But I would not, not use them just because people responding to this post have not heard of this specific lender. 

    Austin Clarence with NEXA Mortgage552 Reviews
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  • Lender · Member since 2022 · 217 posts · 149 votes
    2y
    Quote from @Austin Clarence:

    If you google the company and do not see any reviews that usually is not the best sign. But I would not, not use them just because people responding to this post have not heard of this specific lender. 

    It's a little more involved than that, Austin. When you go to multiple REI events per month and get to know the active REI lenders in town, I think it is pretty helpful for an out-of-town borrower to hear that this company is not known here at all. 
  • Homeowner · South Korea · Member since 2021 · 1 post · 0 votes
    2y

    @Kyle Canzian Did you end up going through with them? I have not been able to find really anything about them online.

  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    2y

    Be careful, wish properly. Sometimes things don't happen as expected with Zoltar

  • Member since 2024 · 90 posts · 5 votes
    2y

    Hi Kyle! if you're still looking for a hard money lender, I can connect you with my partners :)

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