Looking for hard money lender New Orleans area

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  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    2y
    Quote from @Christina Hernandez:

    Hi friends,

    Anyone have a recommendation for hard money lender in New Orleans/Mandeville area? Thanks!


     Hi Christina, 

    What terms are you looking for?

    LuxePrivate Investments LLC 570 Reviews
  • David ChungPro Member
    Lender · Orange County, CA · Member since 2017 · 56 posts · 14 votes
    2y
    Quote from @Christina Hernandez:

    Hi friends,

    Anyone have a recommendation for hard money lender in New Orleans/Mandeville area? Thanks!


     I can help, send me some information about the prospective deal and I can quote it for you.

  • Investor · Salt Lake City, UT · Member since 2019 · 339 posts · 126 votes
    2y

    Happy to help:

    • 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: 65% 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.
  • Investor · New Orleans, LA · Member since 2012 · 969 posts · 747 votes
    2y

    I recommend @Joe Latson with Backflip. Scan the QR code to get the app or use this link: https://backflip.mobi/BradenSmith

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