Looking for hard money - Posted by Nathan Street

Posted by GMann on April 13, 2006 at 14:08:41:

Sorry but 85% is unrealistic. 65-70% is generally the max LTV and expect to pay 12-15% and 2-5 points.

Hard money by nature is a high rates, fees and a large equity position.

Looking for hard money - Posted by Nathan Street

Posted by Nathan Street on April 12, 2006 at 19:06:39:

My credit score for any ones interest is 637.
I am looking for different lenders that will do either:

  1. Hard money / private lenders
  • I want to know the interest, points, ARV max, LTV max, whether the lender requires credit.
  • My preference (not a requirement) is low interest, low points 85%+ ARV, LTV of 100% of the purchase, no or minimal credit pulls. ? I WILL CONSIDER ALL LENDERS IF IT MAKES SENSE.
  1. Hard money or private lenders that will pay for 10%, possibly more of the purchase and/or the fix up costs and / or the payments on the property and / or points required by other lenders (created as a second position note) not to exceed 85% of the ARV.

If you are a lender ? Great, if not but you know people who are lenders and are willing to help a fellow investor out ? Great, if I need to give you a name to get a name (trade names) ? Great.

I have properties constantly but none specifically being listed at this time.

Feel free to contact me with interest greenstinvestments@yahoo.com

Nathan Street