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All Forum Posts by: Mike Douglas

Mike Douglas has started 8 posts and replied 11 times.

Post: Developer looking for a JV partner. Project in the Crystal Lake, IL

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

I'm seeking a joint venture partner to cover financing-related costs (~$250K–$400K) for a $1.7M land improvement loan. The funds will cover the down payment, origination, and closing costs required to unlock the development phase of a residential project.

I'm offering a 15% return on your contribution, paid upon refinance or sale, within 12–18 months. The deal can be structured as a preferred equity investment or secured note, depending on your preferences.

The project has strong fundamentals, a defined exit strategy, and is ready to move forward. Let's connect if you're open to a conversation.

DM me for additional details at [email protected]

800-839-7242

Hi BP community,

I'm a private and hard money funding broker working with real estate investors across multiple markets who often come to me ready to close, but short on upfront capital — specifically earnest money deposits or initial funds needed to secure their investment financing.

These are real, verified deals — most are fix & flips, cash-out refis, or bridge loans — but they hit a wall when they can't lock up the deal due to a missing deposit.

I'm currently looking for:

  • Private lenders or micro funders who can provide short-term capital (typically $2K–$25K) to cover EMDs

  • Equity-based partners willing to fund in exchange for a small piece of the deal, interest, or quick return

  • Creative structuring options — open to JVs, lien positions, repayment out of closing, etc.

If you're already doing this — or open to exploring it — I’d love to connect.

Let’s help more deals close and more investors succeed.

📧 DM me or email: [email protected]
📞 Or reach out direct: (800) 938-7242

Thanks in advance — let’s get some wins together!


Post: Researching Private Money Lender

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

Has anyone heard of, or used KH Financing Inc. Based in Reno NV area?

Post: Researching Private Money Lender

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

Has anyone hears of or use HK Financing Inc. based in the Reno NV area?

Post: Fix & Flip Funding Needed – Direct Lenders Only (No Brokers Please)

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

I have a client with a FICO of ~ 640. I am looking for a direct lender to fund the following scenario:

  • Property Type: Single Family Residence (SFR)
  • Loan Type: Fix & Flip
  • ARV: $590,000
  • Purchase Price: $172,500
  • Rehab Budget: $220,000
  • Term: 12 Months
  • Client FICO Score: ~640

Seeking Direct Private or Hard Money Lenders Only.
If you can fund Fix & Flip projects with clients in the ~640 credit range, let’s connect.

DM me: [email protected] or (703) 495-3875‬

Post: Need DIRECT lender for Foreign National

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

Thanks for your suggestion Erik. I did check, they're not licensed in Il. 

Post: Need DIRECT lender for Foreign National

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

Hey All,

Any one know a direct lender the will fund foreign nationals. I have a foreign national client looking for a DSCR on a 6 unit residential property. Please contact me at email below with any recommendations.

[email protected]

Thanks

Post: Help! Trying to find ground-up-lender

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

Hey all,

Thank you all for your responses—I truly appreciate the insight! I'll be gathering additional details from my client, and once I have more information, I may reach out to explore how we can work together to assist my client. Looking forward to staying in touch!

Post: Looking for a Direct Lender for Ground-Up SFR

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

Need a direct lender to fund a ground-up, non-owner-occupied rental property project. My client has strong FICO & liquidity, but the challenge is he is moveing from fix & flip to new construction—no prior ground-up experience. Please contact for additional information if interested. 

Post: Help! Trying to find ground-up-lender

Mike DouglasPosted
  • Lender
  • Alexandria, VA
  • Posts 12
  • Votes 3

Hey all,

I’m looking ideas for finding a direct lender to fund a ground-up, non-owner-occupied SFR project. My client has strong FICO & liquidity, but the challenge is transitioning from fix & flip to new construction—no prior ground-up experience.

Any recommendations on lenders who work with first-time builders in this situation? Appreciate any insights!