Anyone have experience with LendingHome?

[Lee Huffman]

So far, we've been able to do 6 rehabs into rentals (2) and flips (4) using a combination of our own capital, some private money, and a bank construction line of credit.  As we go forward and continue to expand, we're looking at using hard money lenders for the first time.

Our realtor suggested LendingHome, and we've seen ads on BP and mentions in a couple newsletters we subscribe to.

I had a great call with them today and have another scheduled tomorrow to speak with the lender assigned to us.  Wondering if anyone has worked with them in the past and what your experiences have been?  We have a couple of deals pending that we may test them out with, provided we get the right feedback and tomorrow's call goes well.

Thanks for the feedback!

[Dylan Vargas]

@Calvin Lipscomb Welcome! The problem I had with Lending Home is they pulled out at last minute, gave a horrible  uninformed BPO and dont know the local market. Things may have changed as this was a year and a half ago but I was left high and dry. I would definitely have a local Hard Money lender as they will not flake out and know the local property values and such. Lending Home killed my deal and luckily a local Hard Money lender saved the deal.