Hard Money Lenders - Chicago, Illinois

Hard Money Lenders - Chicago, Illinois

Park Ridge, IL · Member since 2015 · 27 posts · 8 votes

I'm finally got my ducks in a row to start searching for my first property to flip. I'm at the chicken before the egg crossroads where I don't have a specific deal on the table but need to find a hard money lender. Hoping to get a recommendation of a couple HML's serving the Northwest and Western Suburbs of Chicago (mainly areas between Park Ridge and Bartlett). Thanks in advance for any recommendations.

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Real Estate Broker · Chicago, IL · Member since 2015 · 102 posts · 53 votes
10y

Brian,

Have a good hard money lender you can talk to that I've used before.  I'll message you there contact info.  If you need help finding that first deal, let me know.  I specialize in flips and have a few in my radar in Park Ridge. 

Marcin

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  • Real Estate Agent · Richardson, TX · Member since 2014 · 511 posts · 161 votes
    10y

    @ Brian Haven't used them before but I know some investors that use Barnett Capital and Renovo Financial. I know a person from first commercial funding, PM me if you're interested. 

    @Brian Krause

  • Park Ridge, IL · Member since 2015 · 27 posts · 8 votes
    10y

    Thanks @Account Closed  I'll look into Barnett Capital and I do have a call set up tomorrow with Renovo. I'll message you in a sec.  

  • Real Estate Broker · Chicago, IL · Member since 2015 · 102 posts · 53 votes
    10y

    Brian,

    Have a good hard money lender you can talk to that I've used before.  I'll message you there contact info.  If you need help finding that first deal, let me know.  I specialize in flips and have a few in my radar in Park Ridge. 

    Marcin

  • Park Ridge, IL · Member since 2015 · 27 posts · 8 votes
    10y

    @Account Closed Thanks for the PM and taking the time to chat with me on the phone. Great info and idea on the line of credit. Look forward to talking with you some more and going down that road. Seems like could be a great option for a lot of the flippers around here. 

  • Lender · Denver, CO · Member since 2015 · 275 posts · 35 votes
    10y

    We may have some options for you as well Brian. We work with a couple dozen good HML's. They all have their strengths and weaknesses. Feel free to PM me.

    ~J

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