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 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Brenda Nguyen
0
Votes |
2
Posts

Asset-based lending for 1st property flip? in Philly

Brenda Nguyen
Posted

Hey all,

Have you worked with any asset-based lenders who don't put as much emphasis on your personal assets/financial statements in Philadelphia area?  I'm looking for residential hard money lenders who are reliable and have great rates for a residential flip. 

What I'm currently working with: 

  • PROS: Excellent credit, significant tangential real estate experience (I'm a real estate agent for the past 5 years), enough savings for a down payment on a $150,000 property own my own, plus closing costs
  • CONS: No previous direct fix/flip experience, limited amount of personal equity

I'd appreciate any suggestions or even tangential suggestions!

Loading replies...