Hard Money for Junker

Financing, Hard Money Lenders, Private Money
1

Whats up guys,

Does anyone know a good broker for a hard money loan on a low income junker in Baltimore? We’re also not looking to personally guarantee any debt.

Thanks.

2

You’re going to have to personally guarentee the debt if you’re looking for hard money. I can’t think of any private or hard money lender that won’t ask you to sign the docs yourself.

What kind of financing do you need and what will be your LTV before and after repairs.

3

Agreed with above.

4

Isn’t that missing the whole point of hard money?

If I wanted to personally guarantee it I may as well go for conventional financing with good terms. Old school hard money has got to be out there somewhere. lol

5

I do hard money all day long, if you find one… hell well freeze over.LOL

6

I’ve definitely heard experiences of getting hard money with out being personally liable on it. I think lately it’s gravitated more on the high end properties and less so in lower residential.

7

You are correct.