Hard money Lender near Philadelphia/Bucks County

8 Replies

I've been reading many posts on HML's in the Philly area but can not find anyone who has personal experience with one. Has anyone used a hard money in Philadelphia. I recently acquired my real estate license and affiliated with a broker. I have a potential first flip near my primary residence that i would like to put an offer on but i only have a limited amount of liquid assets available. I was approved for a line of credit but this would only cover my rehab costs. I tried finding a private lender to fund the rehab but only found a few people with 20k to invest. The property is listed at 120000 and needs about 55000 of work with an ARV around 230000. After going through my options, I'm thinking a HML is the only route possible to get me into the game. Any connections or advice would be greatly appreciated.

I wish you the best of luck Tim. I will b following this topic because I am also in the area and have not ever used a HML, but would like to know our local options. HML's are all over, but it will be nice to find one that someone has had good experiences with.

Originally posted by @Jonathan Andersen:

I wish you the best of luck Tim. I will b following this topic because I am also in the area and have not ever used a HML, but would like to know our local options. HML's are all over, but it will be nice to find one that someone has had good experiences with.

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Check out Dalin Financial. They have offices in the Piazza in Northern Liberties. I have done deals with them. They are always looking for new deals to fund.

PM me if you need contact information.