Dallas-Fort Worth Real Estate Investor Club

looking for a private money or hard money lender

  • 09 Oct 2014 8:09 PM
    Quote
    Message # 3120775
    Dennis Smith

    I am looking for a private money lender that loans 75% ARV.

    Any suggestions?
  • 10 Oct 2014 8:35 AM
    Quote
    Reply # 3120997 on 3120775
    Robin Carriger (Administrator)

    How long will you need the loan to last?  What other terms are you hoping to get with the loan?
  • 10 Oct 2014 9:57 AM
    Quote
    Reply # 3121049 on 3120775
    Dennis Smith
    Property (ARV) $120,000.00 

    Purchase price $65'ish/ Rehab $25'ish 

    Day 1 purchase (start rehab)

    Day 30 put on market

    allow max of 60 days for sale. (comps in area show avg of 31 days)
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