hard money lender question - Posted by Jose Moreno

import · February 27, 2004, 6:14pm

Posted by James Strange on February 28, 2004 at 04:15:31:

Yes they prefer to deal with experinced people. For a new rehabber they may lend to a lower LTV and they may require you to put some of your own cash into the deal.

import · February 27, 2004, 6:14pm

Posted by Jose Moreno on February 27, 2004 at 19:14:12:

Hi!!

I have a question, i’m wanting to start re-habing and such
and I have been studying on the web about the hard money lenders, this is what I want to know.

are they hardder on newbies? on new rehabers?
what extra stuff would they require from people just starting?

thanks

Jose