Do any hard lenders deal in splitting profits from home sales 70/30 and how do I contact them?
Hello Brad, HML are different from traditional lenders. They are mostly concerned with the value of the project to base their decision to lend. Their profit is achieved by points and interest percentage rate. Which are higher than traditional lenders. I hope this information was helpful.
It seems that you are under the impression that Hard Money Lender’s are individual investors that may want to “team up” with you.
HML’s are lenders that are more interested in the value of the transaction than in what the credit score/dti scenario is.
Hello Brad, Mdhaas is correct. Their is no partnership. These are lenders. Just like a bank, only not as strict.
If you need a partner, then you need an individual investor or what we call “private money”.