Hard Money Lender Options

[Jason Hutcheson]

Hi, I am loooking for suggestions for finding hard money lenders in Arkansas or surrounding areas.  I have done several flips and I am trying to scale up and grow.  If you have suggestions on anyone I could contact or make a connection with please let me know.  

[Ryan Blackstone]

I will email you our list

[Bill J Fay]

Hard Money Lenders from BP

[Jacob Sherman]

What are your scenarios looking like for property type and loan amount ranges ? 

[Ryan Davies]

You can looking them up on the biggerpockets platform. Working with brokers can be a great option.

[Jason Hutcheson]

Thanks for all the replies and messages!  I have plenty of options to explore now! 

[Neil Johnston]

Quote from @Ryan Blackstone:

I will email you our list

 I would love a list of private money if you have any [email protected]

[Ryan Blackstone]

I have hard money lenders, and will email you the list. 

[Ryan Davies]

Most work this way 

• Rates: 9% to 13% (Most Deals are 11-12%)
• Terms: up to 36 Months (Most Deals are 6-12 months)
• Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
• Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)
• Max Loan: 65%-70% of After Repair Value(ARV)
• 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)
• Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)
• NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.