Finding Hard Money Lenders for Fix and Flips {What are the rates and terms?}
Beau, love your show! I have a deal in contract that I will be fixing up to BRRRR. The lender I used on my last two deals is not lending right now. I am a little overwhelmed with trying to find competitive terms for the rehab loan. Rates and terms seem to be all over the place. Any guidance on finding the best option? The property is in Fresno, California. Thanks, Randy
Timestamps [00:30] Things to consider to new prospective borrowers [00:39] If you have an experienced track record, you are going to get the best terms [00:51] Navigating who offers the best terms [01:05] The pricing varies on the lenders [01:35] You might pay more for the lender if it is a unique deal [01:42] Differences between national funds and localized funds [02:20] Talk to a person who works with all the big lenders who could give you a good guidance [02:50] Book a call at to get an honest, fair and fast answer about your deal to come out with the best decisions [03:47] What are the rates and terms in finding hard money lenders for fix and flips? [04:37] “We always try to be competitive and fair with everybody” -Beau
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_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending. _________________________________________________________________________________________________
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By: Investor Financing Podcast Title: Finding Hard Money Lenders for Fix and Flips What are the rates and terms? Sourced From: www.youtube.com/watch?v=mDTZrtNIuMU
