Rehab/Fixup Loans - Posted by Brian W(IL)

Posted by Ed Garcia on March 08, 2001 at 24:51:30:


I won’t kid you. I can do deals in Chicagoland, but I’m mediocre at best. As you can tell by me going on a hard money search, that I’m looking for hard money nation wide.
Brian, in order to do rehabs properly, you need a local portfolio lender. If you have good credit, you can use a small local bank. I’m sure you know by my previous post that I’m high on small local banks. The reason being a larger bank is centralized and will treat you like a number. They have you standing in line like cattle when you want to just cash a check.

If your credit is a problem, then naturally hard money’s the answer. Brian there are some other sources that I usually discuss on the phone one on one because of individual circumstances.

Ed Garcia

Rehab/Fixup Loans - Posted by Brian W(IL)

Posted by Brian W(IL) on March 07, 2001 at 19:01:45:

Ed, I was wondering if you are able to do loans which allow me to purchase and rehab properties in the Chicagoland area?

PS: I would like to have the loans pay for the purchase and rehab of these properties. In other words I won’t be putting up any funds. Thanks