Hard Money Lending - Would we be a good fit?

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Hard Money Lending - Would we be a good fit?

Cory J AndersonPro Member
Hard Money Lender · Middletown, NJ · Member since 2017 · 26 posts · 7 votes

Hey Everyone,

My name is Cory J. Anderson.  I am a loan officer for a Hard Money Lender based out of Wall Twp, New Jersey.  We lend in most states and pride ourselves on funding deals that all parties involved feel like they got a win.  We work with new investors as well as seasoned vets.  If I can be of any assistance, please feel free to reach out.

P.S.  ---   Even if you only have a few basic questions on creative financing and how it works.  I would be glad to be of service anyway I can.  Thanks!

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  • Las Vegas, NV · Member since 2017 · 150 posts · 10 votes
    8y

    Cory

    Do you live in the state of California? And if so what’s your maximum loan amount for a fix and flip deal?

  • Cory J AndersonPro Member
    OP
    Hard Money Lender · Middletown, NJ · Member since 2017 · 26 posts · 7 votes
    8y

    Hey Mark,

    I do not live in Cali, but we do lend there.  Our minimum loan amount is 100K and our maximum loan amount is 5M.  Anything over that we just take case by case.

  • Garrett PIttsPro Member
    Maryland Line, MD · Member since 2017 · 10 posts · 2 votes
    8y

    Hey @Cory J Anderson Do you lend in Maryland? I am interested in a triplex which needs some work. How involved do you get with the deals?

  • Cory J AndersonPro Member
    OP
    Hard Money Lender · Middletown, NJ · Member since 2017 · 26 posts · 7 votes
    8y

    Hey @Garrett PItts

    We do lend in Maryland.  When you ask how involved, are you referring to the lending side of it?

    We typically do not get involved with the rehab or anything like that.  We simply lend 80% - 90% purchase and 100% reno.  We do have a lot of experience in our office to lend a second set of eyes on the project but we do not get involved directly. 

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