Looking for private lender
Hello,
Looking for private lender for bridge lending (3-4 months) to refi out of current hard money loan. Need 168k Property Value 225k, No repairs needed. Property located in Houston TX 77053. Property currently on market.
Quote from @Edward Brown:
Hello,
Looking for private lender for bridge lending (3-4 months) to refi out of current hard money loan. Need 168k Property Value 225k, No repairs needed. Property located in Houston TX 77053. Property currently on market.
Hi Edward, there are tons of qualified brokers with great connections to bridge lenders out there. Don’t forget Tyne build your team tab. Happy to connect!
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Quote from @Edward Brown:
Hello,
Looking for private lender for bridge lending (3-4 months) to refi out of current hard money loan. Need 168k Property Value 225k, No repairs needed. Property located in Houston TX 77053. Property currently on market.
Hey Edward,
Why do you need a bridge loan? What is the exit after 4 months?
If qualifying for traditional financing is the issue, you may want to consider DSCR financing. You can do this on a no prepayment penalty if the goal is to refi again the same year.
