All Forum Posts by: Ryan Deasy

@Julius Roberson

hey i know some lenders have loan minimums. i do hard money lending and can see if i can get this done for you.

@Aaron James

so frustrating that you almost doubled your reno budget but glad to see you got it done!

@Daniel Tanasa

love it! just moved out of Houston (unfortunately) but yea its a great area to be doing deal. very little out of pocket too, wow.

@Nadeem Ahmed

good question. most hard money is for 12 month or 18 months. so, you would need to refi before the end of the term.

also, most HMLs can lend across state lines. i am located in CT and can lend in NY.

@Maranda Tucker

i started investing when i was making 28k per year and had about 7k saved. no idea, to this day, how they let me buy that first duplex in 2012.

@Janice Reese

do not spend everything you have trying to buy it cash. its just not worth it. use hard money, get the rehab paid for and then refinance. sure you could almost buy it cash but then you have nothing for repairs.

@Josh Boyd

you are very right! your numbers need to be rock solid. i would need some additional info to be able to help.

@Stasik Popov

i have great hard money and DSCR contacts. i have done hard money many times. happy to share contact and experiences.

@Robb Krautbauer

great looking place and great numbers! congrats

@Season Price

if you have some funds for the DP, then hard money would be great for this given the ARV etc.