Updated 4 days ago on . Most recent reply
Easy Street Capital?
I'm a new flipper and everyone wants to charge me 18-20% down. I have 830 FICO, but The only hard money lender that seems to work with lower downs and rates is Easy Street Capital. The reviews for them are very mixed... either really great or really bad.... any input?
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Stuart Udis
#3 All Forums Contributor
Pro Member
#3 All Forums Contributor
- Attorney
- Philadelphia
I am not a lender but if I were, I would be more inclined to lend to the 600 FICO score new investor who is requesting a 60% LTV loan before lending 80% on the same property to the new investor with an 830 FICO Score. The point I am hoping to get across is LTV, experience and liquidity in that order are more important to a successful flip then a FICO score.