Looking for a hard money loan I own 2 properties bought from auct

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Looking for a hard money loan I own 2 properties bought from auct

Ron J.
Investor · Jacksonville, FL · Member since 2012 · 68 posts · 7 votes

Hi Jacksonville 

Does anyone know a local hard money lender that can loan on repairs.  I've been flipping for 6 years now, average about 3/year and I just need a boost.  Looking to borrow 60k against my 2 properties.  It would be even better if a realtor could be the lender or maybe get me in a contract with a lender then they could list the 2 properties also. If anyone knows anything please post.  Thanks 

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Robert Rayford
Investor · Las Vegas. Jacksonville, Bay Area Ca, Nv, Ca, Fl · Member since 2015 · 511 posts · 220 votes
8y

@Ron J. , You may want to offer a partnership share on your properties. This will create a JV and which will give the second partner a tangible investment. You can always write the agreement keeping you as lead with all the creative management.

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  • Lillie HernandezPro Member
    Realtor · jacksonville, FL · Member since 2017 · 303 posts · 52 votes
    8y

    Hi @Ron J. I am unsure about a lender but I will keep you in mind if I come across one. 

    If you do need assistance in listing those properties for sell please keep me in mind. I would be more than happy to help! 

    0Reply
  • Robert Rayford
    Investor · Las Vegas. Jacksonville, Bay Area Ca, Nv, Ca, Fl · Member since 2015 · 511 posts · 220 votes
    8y

    @Ron J. , You may want to offer a partnership share on your properties. This will create a JV and which will give the second partner a tangible investment. You can always write the agreement keeping you as lead with all the creative management.

    2Reply
  • Ron J.
    OP
    Investor · Jacksonville, FL · Member since 2012 · 68 posts · 7 votes
    8y
    Originally posted by @Robert Rayford:

    @Ron J. , You may want to offer a partnership share on your properties. This will create a JV and which will give the second partner a tangible investment. You can always write the agreement keeping you as lead with all the creative management.

    I'm not familiar with creating a jv.   I'll Google it, but if you have time and don't mind explaining it a little bit I would really appreciate it.   Thanks for replying.

    0Reply
  • Lillie HernandezPro Member
    Realtor · jacksonville, FL · Member since 2017 · 303 posts · 52 votes
    8y

    Hi @Ron J. Please provide me your email address so that I can refer you to a hard money lender one of my clients work with. 

    Thanks!

    1Reply
  • Jack Bobeck
    Rental Property Investor · Jacksonville, FL · Member since 2008 · 784 posts · 528 votes
    8y

    I have used Secured Investment Lending to fund repairs on properties I flipped in Murray Hill. They are located in Sanford, FL. 

    2Reply
  • Mark Fries
    Contractor · Jacksonville, FL · Member since 2017 · 1k+ posts · 2k+ votes
    8y
    Ed Salem does a lot of hard money deals in Jacksonville
    0Reply
  • Jeff Riber
    Real Estate Broker · Jacksonville, FL · Member since 2012 · 85 posts · 26 votes
    8y

    Hey @Ron J. I'm interested.  Feel free to call at your convenience.  434-5154

    0Reply
  • Anthony Thomas
    Orlando, FL · Member since 2017 · 5 posts · 0 votes
    8y

    Ron, 

    BridgeWell Capital is a great hard money lender, and they do a lot of lending in Jacksonville. They specifically do hard money lending for investment properties. Best of luck!

    0Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    Lendingone

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    lendinghome 

    all of these are for real lenders with lending one being FLA based.

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    0Reply
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