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Updated over 1 year ago on . Most recent reply

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40
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9
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Krishnarine Hardyal
  • Investor
  • Queens, NY
9
Votes |
40
Posts

Looking for Hard Money

Krishnarine Hardyal
  • Investor
  • Queens, NY
Posted

Looking for hard money private money peer to peer loan since my credit score not great looking for 90 to 100k I have multiple investment properties own free and clear and fully rented please let me know asap thank you

Most Popular Reply

User Stats

338
Posts
123
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Ryan Davies
  • Investor
  • Salt Lake City, UT
123
Votes |
338
Posts
Ryan Davies
  • Investor
  • Salt Lake City, UT
Replied

Typically our lending partners programs are as follows:

  • Rates: 10% to 14% (Most Deals are 12%)
  • Terms: 1 Day - 24 Months (Most Deals are 6 months)
  • Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
  • Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)
  • Max Loan: 70% of After Repair Value(ARV)
  • 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)
  • Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)
  • We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.
  • NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

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