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All Forum Posts by: Eric Smith

Eric Smith has started 1 posts and replied 5 times.

Mortgage Brokers & Lenders

Post: hard time finding a hard money lender in chicago

Eric SmithPosted
  • Chicago, IL
  • Posts 7
  • Votes 1

@Al Bennett

hard money lender

0 Votes
Mortgage Brokers & Lenders

Post: hard time finding a hard money lender in chicago

Eric SmithPosted
  • Chicago, IL
  • Posts 7
  • Votes 1

@Odie Ayaga what HML have you come across with 50k min purchase?

0 Votes
Mortgage Brokers & Lenders

Post: hard time finding a hard money lender in chicago

Eric SmithPosted
  • Chicago, IL
  • Posts 7
  • Votes 1

@John Westbrook yes I tried them I believe their minimum purchase price is 100,000

0 Votes
Mortgage Brokers & Lenders

Post: hard time finding a hard money lender in chicago

Eric SmithPosted
  • Chicago, IL
  • Posts 7
  • Votes 1

Has anyone had any luck with finding a good hard money lender in Chicago? All the lenders I have come across have 100k min purchase price for the south side. there are lots of deals with purchase prices under 75-50k and no one will lead on them even with great ARV.

1 Vote
Private Lending & Conventional Mortgage Advice

Post: Recent Experience with Lima One Capital

Eric SmithPosted
  • Chicago, IL
  • Posts 7
  • Votes 1

They are not to bad Communication was never a problem for me.  I have done three deals with them and everything has gone as planned. only problem is that in my market (Chicago) they have raise the min purchase price up and that eliminated a lot of properties that in am interested in flipping.   

0 Votes