All Forum Posts by: Eugene Neal
Eugene Neal has started 17 posts and replied 120 times.
Post: Need a lender for Ohio BRRR & I live in California

- Lender
- Posts 136
- Votes 20
Quote from @Christian Maher:
Hello Guys,
We are new to this platform and we are looking for some recommendations- We live in California and we are looking to buy a property in Ohio cash, we are also planning to rehab it with our own cash to BRRR it. Looking for an experienced lender to help us Refi cash out with our New LLC. Thank you so much in advance.
Hello Christian, we are a direct lender that consistently closes these types of deals. Please reach out when you have a free moment and we can discuss the process.
Quote from @Lina Castano:We
Good afternoon everyone. Im looking for a good lender for a DSCR loan in Miami area, some recommendations. Thanks
We are a direct lender with an office in New York and Fort Lauderdale. As long as your credit score is over 680, we should be able to provide some options.
Post: Looking for a fixer upper deal in Nassau county.

- Lender
- Posts 136
- Votes 20
I may have a deal under contract within Nassau. What is the criteria you are looking for?
Post: Looking for a Lender in Las Vegas (Short-Term Rentals)

- Lender
- Posts 136
- Votes 20
Quote from @Michelle Crochet:
Hello BiggerPockets community!
I'm a real estate agent on the lookout for a lender who specializes in short-term rentals in Las Vegas.
If you're interested or know someone who might be a good fit, please reach out to me. I'm excited to connect with like-minded professionals who share a passion for real estate and helping investors succeed.
Thanks,
Michelle
We are a direct lender and can gladly provide funding for STR's in Las Vegas. I frequently visit the Green Valley area for face-to-face meetings with clients as well.
Post: I need a commercial lender to Refi a 6 unit apartment building. Please give contacts

- Lender
- Posts 136
- Votes 20
Quote from @Atul Mohlajee:
I need a commercial lender to Refi a 6 unit apartment building. Please give contacts
Please reach out when you have a free moment. Are all units fully occupied?
Post: cash buyer vs. HML buyer

- Lender
- Posts 136
- Votes 20
Quote from @Joseph Hernandez:
Hello.
I'm a newbie wholesaler. If I have a pre-foreclosure deal and the seller is in NOS stage, do I have to find a cash buyer for the deal, or can I assign the contract to a HML buyer by delaying the foreclosure, since time is of the essence? I prefer a HML buyer because I think (I may be wrong) a HML buyer will pay more for the property, hence, my assignment fee will be higher. Based on your experience, am I correct?
Sorry, but you are not correct. A buyer will receive a Hard Money Loan to purchase the property.
Post: Hard Money Lending and Fees

- Lender
- Posts 136
- Votes 20
Quote from @Ezmina Lalani:
Hi,
I am working with HML which is charging a 0% origination fee, but we have a loan processing fee and other legal fees adding to $1800.
is this normal?
Thanks,
EKL
Sounds off and something is wrong. From my experience, I have never seen a Hard Money loan without at least a point.
Quote from @Elvis Dur:
I own a property duplex, no mortgage on it , and looking for a company who is able to help with a cash out refinance loan, or any kind of loans.
I own another duplex with a small mortgage on it.
My tax returns in the last two years are not to bright, one reason is Covid years and the lots of deductions that I used for those two years.
The Rocket Mortgage refused my refinance just for this reason, not enough tax return to support the loan.
Any advise?
I wish to thank in advance for all your responses.
Thank you!
We should be able to lend in this scenario as long as your credit score is over 620. Please message me when you have a free moment. I look forward to pricing your situation.
Post: PML or HML for Fix/Flip in Baltimore City

- Lender
- Posts 136
- Votes 20
From my experience, if this is a first-time fix and flip you may need to show reserves for the rehabilitation amount.
How much are you looking to place down on the property?
Post: Private Lender Pros & Cons?

- Lender
- Posts 136
- Votes 20
Quote from @Laura Hildreth:
looking at Private Lender's to fund property. What are pros and cons? Is 1% fee typical? Things to look out for? how do I verify I wont get burned?
If you are looking for a Private Lender/ Hard Money Lender then the average fee is between 1% and 3%. It is based on the down payment, experience, and credit score. The only out-of-pocket expense is for the appraisal. Also, if you are looking to add rehab funds then they are issued on a draw basis. Let me know if you have any other questions.