Small Short Term Loan - Posted by Ed Magoon

Posted by cindy (Illinois) on September 04, 2003 at 17:03:19:

Ed you can"t get hard money lender loan based on after repair value? short term loan?

Small Short Term Loan - Posted by Ed Magoon

Posted by Ed Magoon on September 03, 2003 at 02:39:22:

I’m rehabing a house in Illinois and am nearly ready to sell it, but I need some working capital to get it done. There’s a $40,000 first on it, and it will sell for $120k to $140k. I need $15,000 for 120 days. My credit is bad so I can’t go to a bank, and the investors I’ve found want larger and longer deals. Can anyone help me?
Ed