I am looking for a hard money lender to fund purchase and rehab of single family homes in vegas. I buy at 50% ARV. Loan amounts between $50-75k.
Good neighborhoods, nice homes, some with pools.
Looking for 65% ARV to include rehab, points, etc.
Short term, 60 days until I refinance.
Try the financial ads in the Vegas paper. Also take a look at Craigs List.
There are also many, many companies who do Hard Money here on the internet, do a search for “Las Vegas Nevada Hard Money”
Most Hard Money lenders dont do these type of loans anymore…No skin in the game no loan…I’ve turned down a handful of these type of deals recently…The logic is whats the collateral if the property doesn’t sell well…I always ask for more collateral to be held in escrow and almost every time the investor has zero to offer…Best of luck finding this type of lender…