Home Buying in 27613>Question Details

Ncgirl27613, Home Buyer in 27613

Any hard money lenders in the Raleigh area?

Asked by Ncgirl27613, 27613 Sun Feb 12, 2012

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Don is correct. If this is for your personal primary residence they will not lend. Let me know if you are looking at this to invest and I can help you out!
0 votes Thank Flag Link Wed Nov 28, 2012
Yes there are. My company, BridgeSource Capital LLC, specializes in short term private real estate lending for investors, with a focus on the Charlotte and Raleigh markets of North Carolina. Feel free to give me a call.
0 votes Thank Flag Link Thu Jun 21, 2012
Yes. But if you're a home buyer (for a primary residence), hard money lenders won't be willing to lend to you. They'll lend short-term (6 months to a year) on investment property, generally lending about 60% of the value of the property. And they may charge 3-5 points and 12%-15% interest. That's not what you want if you're looking for financing.
0 votes Thank Flag Link Sun Feb 12, 2012
Don Tepper, Real Estate Pro in Burke, VA
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