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Updated over 5 years ago on . Most recent reply

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Brent Murphy
  • Saint Louis, MO
10
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20
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Looking for a Hard Money Lender

Brent Murphy
  • Saint Louis, MO
Posted

Hello BP community! I have a potential deal in the works that I've been discussing with an a partner of mine. We're currently evaluating the property still, but are also wanting to see if anyone happens to know or recommend any hard money lenders (Ideally local to Saint Louis, but are open to other options). Also, when speaking with a hard money lender what questions should be asked? Thank you in advance!

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2,383
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Odie Ayaga
  • Specialist
  • Delran, NJ
951
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2,383
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Odie Ayaga
  • Specialist
  • Delran, NJ
Replied

In this climate especially you want to know what your expectations are. What are you looking to get in terms of LTV and terms? What do you have to offer as a borrower (e.g. credit, experience etc)?

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