Lenders that base on ARV instead of LTV?

[Garry Hervey]

Hello everyone, are there any hard money or private lenders that loan on ARV instead of LTV for long term rentals? I've found that most lenders lend on LTV, but I'm looking for someone who lends on ARV.

[Andrew Postell]

@Garry Hervey the whole point of hard money is that they lend on ARV....well, maybe that and closing fast....but if a HML is not lending on ARV then I'm not sure why they are in business. Keep looking. If you know the product you need but just need it in a specific state try posting in that state forum. Bigger Pockets has some great state forums and usually there are good locals that monitor those. Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. But post locally for this. That's the best bet.