65 Hard Money Lenders

Great info!

thank you....thank you......This is a great list.

my ?: does this program work in the of GA?

thanks for the list info & sites hope i can find one here in honolulu

Anita,

Thank you so much for the list. i am having such a hard time finding a lender that i almost want to cry. But i am not going to. i sent out 6 emails to different lenders. Lets see which one bites.

Thanks again for sharing this list and for all that good information you give us.

Ada

I am a direct hard money lender on commercial property only. 200K-49M, we close, we service it, none of this hokey pokey broker chain garbage. Keep in mind it's private funds, I can't get you a 5% rate, and I can't do SFR's unless they are Trophy valued over $2M, but all other commercial deals are fair game.

As a private money guy, can I just give a word of advice to those of you seeking finance that really ticks off a private money lender more than anything in the world?! It is when you want to purchase a property that is selling by bank owned or under value at say $100K on the purchase agreement and you try to tell us that the appraisal says $200K and that makes it a 50% LTV deal. I cannot tell you time and time and time and time again, if it is selling for 100K, then its worth 100K today! See below for some of our parameters and if anyone wants to trade my hard money advice on commercial deals for info on helping me navigate the IEE market please advise.

9.99% - 14.99%
60% LTV or less
3 - 6 pts
FAST close
I/O
3 - 60 months
NO Min FICO

Currently United States ONLY!

Deals between $200K - $49M

What we want right now:

(in-order of most desirable)
N/O/O Trophy Home Cash Out Re-Fi's
Multi-Fam
Mixed use
Light Industrial
Warehouse
Office
Hotels/Motels
Grocery/Anchored Retail
Student Housing
Parking Garages
Auto Repair/Gas Stations
Churches
Casino's

What we are NOT looking for:

Land, Land, LAND, LAANNNDDD DO NOT SEND ME LAND!!
Development
Construction
Golf Courses
Retreats
Ski Resorts
Electricity Plants
Roads, Dams, Power Facilities
Oil & Gas Refineries
ANY Mines

This information is fantastic thanks

Diamond in the rough

This information is fantastic thanks

Diamond in the rough

Thanks for the information. I noticed a couple of things:
1) Your interest rates are 9.99% and 14.99%. Because of the decimal points you I would assume that you are a broker not a principal lender. You say private funds but I assume again you are brokering another companies "private funds". Am I correct?

2) Also, I am not sure I agree with your statement about $100K offer is makes the property worth $100K. If comparables of other properties show that properties do indeed sell for $200K in the area the property would be worth $200K because that is what the market is bearing even if you get an offer accepted from a motivated seller for $100K. Did I miss read you?

Hey All,

Great list Anita. Can someone email me the full HML list that Anita and Nathan have? Already called a few, wouldn't hurt to have more in my arsenal. Thanks ahead of time to whoever sends it.

Thank you for the information. I greatly appreciate it.

God Bless You!!
Yasiah

"Faith Without Works Is Dead!" and "The Best IS Yet To Come!"

This is great! I was wondering if you could email me the full list

Can you email me your current list of hard money lenders???

THANKS ALOT ANITA FOR THAT GREAT INFORMATION YOU WILL BE TRULY BLESSED BECAUSE YOU ARE HELPING OTHER ALONG WITH YOUR SELF. SEE YA AT THE TOP

Here is a gameplan that I intend to implement:

1. Make an offer on an REO, offering 65% of LTV
2. If offer is accepted, will go a Hard Money Lender to fund property

My questions:

How will I obtain money for Rehab? Are there hard money lenders for rehab as well?

What is the best exit strategy tied up with using a hard money lender? I assume it's fix and flip?

If someone is interested in buying the property, they would have to get financing. How does this all work out?

WOULD ANYONE KNOW PLEASE?

Thank you for sharing valuable info, Anita
This entire DG website is a wealth of info....
Thumbs up!!!

I could only access the first page of the 65 names on the Hard Money list, how do I access the rest of the list?