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Updated over 5 years ago on . Most recent reply

Derrick Alexis's profile image
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Derrick Alexis
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Sep 17, 2018
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Derrick Alexis's profile image
Derrick Alexis's profile image
Derrick Alexis
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Sep 17, 2018
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Derrick Alexis
  • Rental Property Investor
  • Philadelphia, PA
2
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38
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Private Lending & Conventional Mortgage Advice

Hard money lenders that lend in PA

Derrick Alexis
  • Rental Property Investor
  • Philadelphia, PA
Posted

I have a property in Philadelphia, PA with an ARV of $140K with a $37K purchase price and $40K rehab budget. If I have 20% Down payment. Could any lender help out with a breakdown of total cost out of pocket needed to fund the deal?

Assuming a 5% origination fee (high end)

Assumed Interest 12%

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Scott Morris
  • Investor
  • from Tampa, FL
  • Member since Feb 3, 2015
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Scott Morris
  • Investor
  • from Tampa, FL
  • Member since Feb 3, 2015
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Scott Morris
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  • Tampa, FL
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Scott Morris
  • Investor
  • Tampa, FL
Replied

BiggerPockets has a hard money lender area where you can search for them.  Also, checkout DIG (Diversified Investor Group).


https://www.biggerpockets.com/...

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