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Updated over 1 year ago on . Most recent reply

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Maurice Smith
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211
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Hard money lender +5 units

Maurice Smith
Posted

Found a good hard money lender but they don’t lend on anything above 4 units.


any recommendations for some good hard money that lend on 5+ units in the  Ohio area  or nation wide would be appreciated. 

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Connor Hibbs
  • Lender
  • Ellington, CT
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Connor Hibbs
  • Lender
  • Ellington, CT
Replied

Hi @Maurice Smith,

Are you looking more so for Long-term loans for your 5+ or for rehabs? I've got a contact in mind who should be able to help with either scenario but with long-terms they have caps too.

Also, keep in mind that once the unit count gets to 5+ then they are considered commercial and require some different docs than a typical 1-4 unit.

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