Is there anyone who uses a hardmoney lender that loans on the basis of the ARV only and not on FICO scores. :shocked
I have one, but they only lend in St. Louis, MO. You need to check around your area. Many are starting to look at FICO because of the number of properties they are starting to take back.
I never noticed you were in StL. We should catch up sometime. l live in Wentzville and my branch office is Chesterfield.
thanks to all :crying
Do you have a real estate investor’s club in your area? You should go there and ask around. They are out there in every community but be advised that you will generally have to pay out more in points and/or interest in that situation.