Suggestions for Hard/Private Money in Michigan?
Hi, everyone! I would like recommendations for hard money and private money lenders who lend in Michigan and have reasonable rates. I currently own and manage 3 rental properties and I would like to add more to my portfolio and also do a few flips in 2017. My ultimate goal is to build a relationship with a great lender and see us both be successful! I did meet a person at my local REIA group the other day who I thought was a private lender but was a middle-man for hard money lenders and wanted 10 points upfront! I am new to hard money borrowing but that is way too much to pay for a fee! I appreciate any feedback you may have for me. Thank you!
Jackie Botham, GR, MI