Hard Money Lenders in Illinois - Posted by Michele

Posted by Jim IL on December 05, 2000 at 18:46:08:

Michelle,
If you already have a home tied up and simply need the funds, there are a couple of things you can do.
Run an ad in the paper stating that you need money, and then list the terms you are willing to pay.
Like, 60% LTV. secured by first", etc.
or
Drop me an e-mail off the board and I’ll gladly pass along info to you.
But, my sources require that you have a home tied up first before they’ll even talk to you.

HTH,
Jim IL

Hard Money Lenders in Illinois - Posted by Michele

Posted by Michele on December 05, 2000 at 17:33:02:

I am looking for a hard money lender in Illinois. Has any one had any success finding them? I have talked to a few mortgage brokers, but they had no idea what a Hard Money Loan was! If anyone knows of a lender, I would appreciate any contact information you are willing to share.