Hard Money Lender for NJ
2 Replies
Tahiv Grantham
Property Manager from NJ
posted over 1 year ago
I am looking to purchase my first 4 for family home (400k) in Union County NJ. I will like you use a Hard Money Lender from BP but I am not sure which one to choose. 90% of them seem to offer what I will like to do (BRRRR). Any recommendation or advise? Thanks in advance.
George Despotopoulos
Lender from New York, NY
replied over 1 year ago
Hey Tahiv, there are a ton of lenders to chose from. Happy to help if you'd like to pm me.
As far as your deal, any lender would most likely have the same few basic questions:
- What's your estimated FICO score?
- Have you purchase real estate before? (including your primary)
- What's the highest percent you could put down?
- How much rehab does the property need and what will be the estimated after-repair value?
- What is your exit strategy?
Jessica Zolotorofe
Attorney from Woodland Park, NJ
replied over 1 year ago
Try Marcos at Apex Capital Lending. I'll dm you his email now.