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Author Topic: Hard Money Loan needed for personal home.  (Read 80 times)

Offline tedjr

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Hard Money Loan needed for personal home.
« on: March 09, 2019, 01:44:37 pm »
Paying 12% interest at 50% of ARV. ARV at $65K. Purchase price at $25K plus $10K rehab. Need $32.5K loan asap. Low credit score at 500 but hired Lexington Law to improve.

Thanks

Ted
« Last Edit: March 09, 2019, 04:28:48 pm by tedjr »
Ted P. Stokely Jr

San Antonio, Texas

Offline Larry Bomar

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Re: Hard Money Loan needed for personal home.
« Reply #1 on: March 15, 2019, 01:38:21 pm »
What’s the duration that you will be needing this loan so I can be able to calculate the loan repayment schedule,is this a balloon payment loan or an interest with initial loan balance repayment schedule? Kindly get back to me asap so we can proceed to further funding modalities.

Regards
Larry Bomar

Offline tedjr

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Re: Hard Money Loan needed for personal home.
« Reply #2 on: March 15, 2019, 04:07:05 pm »
Thanks again Larry. Longer on the personal home loan. It would be a first mortgage also.

Ted P. Stokely Jr

San Antonio, Texas

 




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