Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Stephen Bond
  • Wholesaler
  • Chicago , IL
0
Votes |
7
Posts

Need help with hard money lenders

Stephen Bond
  • Wholesaler
  • Chicago , IL
Posted

Here is the current issue. I am doing a JV deal with someone and we found a great property with good numbers. My partner whobis funding the deal wants to use a hard money lender. So we have been looking and it seems that a few that we have been in contact with want him to live in the same state as the property. I live in Chicago where the property is and I will be managing the whole project. So my questions are 1. Are there any hard money lenders that will lend withy partner being in another state from the property? 2. Will me being added to the LLC make a difference since I live in the same state as the property help with the local hard money lender. Any help would be great. Thanks.

Loading replies...