Any hard money or private lending companies out there lending nationwide?
Aug 02, 2009
in
Commercial Property Loans
Does anyone know of a hard money or a private investor that would lend in the state of WI? I am looking at residential and small commercial properties, loan amounts as low as 50k. I am looking to buy and hold. I am looking for terms of 3 to 6 months and would then refi into a convetional loan.
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3 comments
sallly on August 2, 2009 at 9:45 am
no
Lotta Legroom. on August 2, 2009 at 9:45 am
Poundaflesh.com
Mary B on August 2, 2009 at 9:45 am
Unless you want to pay double-digit interest rates….and in this market, you aren’t going to make anything on that short period of time…and buying and refinancing that quick? Even IF you could find a bank to do that, you would easily lose money on the deal.