Hello,
I am a new Real Estate investor needing to get financed with a hard money loan before May 1st. how I can get financed ASAP?Many hardmoney lenders I have spoke with or emailed are not able to service Albuquerque, New Mexico area. One lender said that New Mexico is a trustee state and they can’t lend to NM.
This is my very first deal and needing some help. I have combed reidclub.com hardmoney lenders, penny savers, I asked for referrals, I picked up some more penny savers to look for lenderstoday . any suggestions?
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Selling: 80,000
FMV of house: 130,000
Repairs/rehab: 10,000 moderate rehab
Motivated: We have until May 1st
Buy, fix, and resell
Credit been pulled twice in the month of April, trying to avoid further credit pulls.
Experian/Fair, Isaac Model 648
EQUIFAX BEACON 5.0 = 583
FICO CLASSIC 665
Thank you
Voight