Lisa DePiero, Home Buyer in Santa Clara, CA

We are looking for Hard Money Lenders in Chicago who will loan at least 70% ARV to include acquisition price.

Asked by Lisa DePiero, Santa Clara, CA Thu Mar 20, 2014

Or any lender that can come close to the aforementioned. Cannot be based on Fico score or income. Can possibly leverage other properties

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The highest that most reputable hard money lenders will go is generally 65% ARV. If you have other properties to cross-collateralize this will help you borrow additional funds. We have a lending partner for the Chicago area. Please contact us for more information:
0 votes Thank Flag Link Tue Jun 30, 2015
Ldepiero, if you are looking to "fix & flip", then depending on the project we have an investor who will lend on the ARV. No payments required. Need to sell within 12 months of acquisition. Projects are looked at on a case by case basis. Closing can be done in as short as 10 days.

Shane Milne | Lending in all 50 states | NMLS #81195
shane@thebesthomeloans | 949-273-4161 direct
0 votes Thank Flag Link Thu Mar 20, 2014
These are very tough to find. I doubt its possible right now.
0 votes Thank Flag Link Thu Mar 20, 2014
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