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Updated over 9 years ago on . Most recent reply
Hard Money Lender in Alabama?
Can anyone recommend a HML or PML that deals in Alabama? I am looking at a few lenders now but would prefer one that is referred. I just put a property on contract and am searching for financing outside of using a bank.
SP: $55,250
ARV: $85,000
Repairs: $13000
Holding Costs: $5000 (HML will increase this amount)
Potential Profit: $11,750
Most Popular Reply
@Imad M. @Donnie M. Here are a few institutions that will loan in that state patchofland jemrealestatepartners just google them and should give you contact info. AL and NM are about only states I cannot do. Let me know how it works out