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Updated almost 13 years ago on . Most recent reply

User Stats

18
Posts
1
Votes
Kyle Baer
  • Real Estate Investor
  • Austin, TX
1
Votes |
18
Posts

Has anyone used GMA's Fix and Flip Program Before?

Kyle Baer
  • Real Estate Investor
  • Austin, TX
Posted

I'm fairly new to real estate investing and am currently doing research on rehab opportunities in Pittsburgh. I came across a national lender called GMA Factor that offers hard money at 13% interest. Has anyone used them before? Is 13% typical for hard money?

http://www.factoring-invoices.com/fix-and-flip-program/

Unfortunately, I don't qualify for a traditional mortgage since I don't have 2 years work history and am not currently earning a salary.

Thanks!

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