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Updated almost 9 years ago on . Most recent reply

User Stats

89
Posts
27
Votes
James Perez
  • Investor
  • Plano, TX
27
Votes |
89
Posts

Hard Money Lenders in Texas

James Perez
  • Investor
  • Plano, TX
Posted

Hi BP, Who do you recommend for a hard money lender in Texas, for the most preferable terms for someone's first time using hard money?  Seems like there's a lot popping up and just curious who has experience using them and who I should try out.  Thanks in advance!

Most Popular Reply

User Stats

27
Posts
21
Votes
Jasen Miller
  • Hard Money Lender
  • Dallas, TX
21
Votes |
27
Posts
Jasen Miller
  • Hard Money Lender
  • Dallas, TX
Replied

@James Perez  are right most lenders do require skin in the game, but remember the ones that don't charge higher rates, points, and fees to make up for the added risk of a 100% loan. So you have to decide which helps you scale faster - less money down and less profit, or more money down but more profit

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