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Updated over 2 years ago on . Most recent reply

User Stats

20
Posts
11
Votes
Kenneth Bentley
  • Rental Property Investor
  • Weaver, AL
11
Votes |
20
Posts

Looking for hard money loan

Kenneth Bentley
  • Rental Property Investor
  • Weaver, AL
Posted

Does anyone have any good contacts for hard money lenders? I am looking at a house to either flip or BRRR. Not sure which I'll do. It would be our first flip if we go that route.

  • Kenneth Bentley
  • Most Popular Reply

    User Stats

    261
    Posts
    157
    Votes
    Brandon Beardt
    • Lender
    • La Crescenta, CA
    157
    Votes |
    261
    Posts
    Brandon Beardt
    • Lender
    • La Crescenta, CA
    Replied

    Hi Kenneth,

    There are plenty of HML lenders that can help you in the Build Your Team tab above. Do some research, read reviews, and talk with lenders that are familiar with both the FNF and BRRRR strategy. If you're looking to BRRRR, make sure you're aware of the title seasoning requirements for the refinance part of the strategy. Most lenders are at 6 months of seasoning, however, I'm seeing programs that allow a full C/O refi using the new appraised value with title seasoning as early as 90 days. Hope this helps and best of luck!

  • Brandon Beardt
  • [email protected]
  • 818-726-2418
  • Loading replies...