All Forum Posts by: Chester Straley

@Frankie Woods that helps, thanks! I had a client once mention his lender was analyzing the location & property...it was confusing to me, so he was probably using hard money also. What is REIA?

I’m just starting to learn more about hard money. I’ve always been accustomed to putting 20% down, getting a HELOC, or using equity, as leverage, to borrow against. I don’t have a huge portfolio, but I have always been successul plus also flipped properties. I feel that access to capital will allow me to further my real estate investing racket. I just ordered “Raising Private Capital” and can’t wait to read it. Any tips or info sources on hard money would be greatly appreciated. I don’t feel comfortable using the sites on google, when I search for hard money. Thanks in advance!

@Elenis C. I received a HELOC from a local lender in my area...85% LTV. It was fairly simple. Good luck!

@Gregg Heminger congrats...keep it rolling!