What is best crowdfunding site to obtain a $20k second mortgage/position loan?
We just need a short term loan to bridge until we sell our first residential rehab project – it is approximately 75% complete and so payback of loan would be fairly soon – probably within 3 to 4 months – it is in a hot area of Atlanta, GA.
LendingHome is the best overall hard money lender, they offer a quick online application where you can tell them about your project then they give you an offer based on your information. Keep in mind, loan-to-value (LTV) is a key factor so make sure and know the value of the property. Expect pricing to be on the higher side since this is your first fixer-upper. Check out our buyer’s guide that reviews Hard Money Lenders, qualifications and terms. https://fitsmallbusiness.com/best-hard-money-lenders/
You must be logged in to reply to this topic.
Not signed in?
Sign in to participate on our website!
315 Madison Avenue, 24th Floor
New York, NY 10017
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.