Home is located in the DFW area. Purchase price is $76000, repairs $5000, ARV=$145000
I have several hard money lenders who will fund the deal however I would prefer to use a private money lender so that the terms of the loan can be more negotiable. If you are interested in finding out more about funding this deal please contact me. Thank you
Ask around…realtors, accountants, attorneys, doctors, etc.
Don’t forget to contact your local REIAs to see if there is someone there who will beat your HML prices/terms.
Chris
Often you are going to find that hard money and private money are one in the same, but there are some very affordable lenders out there.