First Time Hard Money Loan

[Eli Joffe]

Any referrals for hard money lenders that will work with new investors in Ohio? I’m in college and am looking for funding for my first Brrrr deal. I have a 760 credit score and 70k with no debt. I’ve also been interning with an experienced investor for over 6 months so I’ve gotten familiar with how the process works. 

[Ko Kashiwagi]

Hi Eli,

Leverage may be capped on some programs but should be doable. Do you know how many lines of credit you have? I know a lot of programs will want to see 3+ active trade-lines. As long as the rehab is light-medium, you should have options. Happy to take a look