Ohio Hard Money Lenders

[Erin Elam]

Hi BP,

My husband and I are looking to purchase our first rental in the Euclid area. I came across Secured Investment Lending - does anyone have any experience with this company? 

Or any experience with any other HML for OH properties? Looking for detailed experiences if possible ( i.e. % of purchase and rehab, loan on cost or value, origination fee?, Points?, closing time, ease of communication, draw fees, etc).

Positive and negative experiences are welcome (we want to know who to avoid as well).

Looking forward to the Intel. 

[Account Closed]

@Erin Elam

About 3 weeks. Not a painful process but not as fast as they state. I add at least 2 weeks to any lenders “we can close in as little as X days claim.”