Looking 100% financed hard money lenders or investors

2 Replies

Try finding a local family lender, they are willing to charge the lowest rates and nearly no origination points, just to deploy their capital. you wont get 100% with any corporate lender. personally I go up to 90% on acquisition and 100% financing, i dont think i can be of help. 

@Shane Walsh A lot of hard money is local, so it would help if you stated where you're looking.  I've personally never come across 100%.  Keep in mind even if close to that, typically you'll need to front the rehab in stages, have it inspected, then be reimbursed from the lender (draw schedule).  Lenders always want to see cash reserves, so you can finish the project in case it goes over budget.  That's been my personal experience at least.

- Tom