Posted by Tom Resner on July 09, 2007 at 08:58:40:
I have a lender that will finance 80% of the ARV in Tennessee. They are looking to do business with parties who will do multiple rehab projects. All soft costs can be calculated in the loan. Must have a minimum credit score of 640. Give me a call if you have interest. 866-776-2915
Hard Money - What Can I expect? - Posted by Tom
Posted by Tom on July 09, 2007 at 08:27:47:
I’ve located a property which I’m interested in buying as a rental. Would a hard money lender provide 100% financing for this deal? It looks like it would provide good cash flow and my credit is good (700+ score last time I checked). What kind of terms could I expect? Is this the best route for me (I have little or no money free to put into this deal)? I am in Nashville, TN.