Home Buying in Philadelphia>Question Details

William, Home Buyer in Parker, CO

Is there anyone doing hard money loans in Philadelphia? I am looking to purchase an residential investment

Asked by William, Parker, CO Mon Jul 7, 2008

property to fix and flip, but need a hard money lender due ot my credit situatio. Also, what is your max arv/ltv?

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11
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HARD MONEY LENDER PA.com
0 votes Thank Flag Link Wed May 16, 2012
Dalin Financial in Northern Liberties. They make bridge/rehab loans starting at $75K up to $500K. LTVs starting at 65%. Call Mark or Josh (215) 238-9496.
0 votes Thank Flag Link Mon Dec 19, 2011
Rehab Financial Group in Wynnewood, PA - ask for Susan or Matt - 877.643.9066
Web Reference: http://rehabfinancial.com
0 votes Thank Flag Link Thu Dec 1, 2011
Singer Financial Corp.
215-893-9722
0 votes Thank Flag Link Tue Jul 12, 2011
singer in center city
gelt finanical.
0 votes Thank Flag Link Thu Jun 30, 2011
Singer Financial Corp is a good source of private financing in Philadelphia and we do hard money lending. Call us 215-893-9722 to discuss the deal.
Web Reference: http://singerfinancial.com/
0 votes Thank Flag Link Thu Jun 30, 2011
William, I have spoken to Linda at Stonehedge and they appear to be a reputable outfit. I normally provide access to my power team, which includes hard money lenders, to those who purchase my deals. Check them out at JPRescue.com Best of success
0 votes Thank Flag Link Mon Aug 11, 2008
Hey William,
I would love to talk to you more regarding your financing options to answer your question in the most accurate way . You can contact me anytime.
Thank you,

Alina Kanevsky
Lending Specialist

Mid Atlantic Capital
405 Kings Highway South
Cherry Hill, NJ, 08034
Phone: 856-429-2207
Toll Free: 800-232-5171 ext. 501
Fax: 856-429-4118
Cell: 267-474-8050

Email: akanevsky@midacap.com
Web Address: http://www.midacap.com
0 votes Thank Flag Link Fri Jul 11, 2008
William,

Yes there are hard money lenders out there. Like Dale said below their max loan to value will be tops 70%. Some lenders will do it based off the finished price and some will do it based off the cost to build. Just remember hard money is also based off your credit, are you able to prove income, do you have assets etc. Should you need any further assistance please let me know. Thank you and good luck

Andres Munar
Mortgage Specialist
800-839-6186x334 Office
814-308-3276 Cell
Hablo Espanol
0 votes Thank Flag Link Tue Jul 8, 2008
Hi William, there are hard money lenders lending in Philadelphia. There is still a lot of activity in the Philadelphia real estate market. the typical max LTV for a hard money loan will be 65 -75% of the after repaired value. Some lenders will allow you to roll in all closing costs as well as carrying costs. This will depend on whether there is room in the deal and how your credit is. I would be happy to work with you to secure financing for your rehab project. You can find my contact info on the site below.

Dale Archdekin
0 votes Thank Flag Link Tue Jul 8, 2008
Stonehedge Funding, LLC ask for Linda 610-873-6022
0 votes Thank Flag Link Mon Jul 7, 2008
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