Hard money lender suggestions
Do you guys have any referrals for hard money lenders or small banks in Cleveland, Ohio area? For a fixer upper. Any insight will be greatly appreciated thanks!
Most Popular Reply
Hello Ivan!
To find a hard money lender or small bank in the Cleveland area, you might try searching online for local lenders or contacting the Cleveland chapter of the Ohio Mortgage Bankers Association. You could also try reaching out to local real estate professionals, such as agents or property managers, as they may be able to recommend lenders that they have worked with in the past.
In addition to looking for lenders in your local area, you might also consider working with an online lender. There are several online lenders that offer financing for real estate investments, including hard money loans. These lenders may be able to provide you with competitive rates and flexible terms, regardless of where you are located.
It's important to keep in mind that hard money loans and loans from small banks may come with higher interest rates and fees than traditional financing, so be sure to carefully review the terms of any loan you are considering before making a decision.