Any know any hard money lenders who are willing to invest in the city of Cleveland, Ohio?

Asked by A. Bell, 44118 Fri Jan 8, 2010

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Frank7619, Home Buyer, Cleveland, OH
Mon Feb 6, 2017
anyone interested in investing 25K for a return of 40K in 2 weeks
0 votes
Malekfinanci…, Home Buyer, Miami, FL
Sat Aug 1, 2015
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I am Mr. Maleek Johnson, a private money lender. I give out loans with an interest rate of 3% per annual and within the amount of 1,000.00 to 10,000,000.00 as the loan offer. 100% Project Funding with secured and unsecured loans are available. We are guaranteed in giving out financial services to our numerous clients all over the world. With our flexible lending packages, loans can be processed and funds transferred to the borrower within the shortest time possible. We operate under clear and understandable terms and we offer loans of all kinds to interested clients, firms, companies, and all kinds of business organizations, private individuals and real estate investors. Just complete the form below and get back to us as we expect your swift and immediate response. EMAIL: naleekfinancials1@outlook.com

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0 votes
Johnmarzel, Home Buyer, Cleveland, OH
Fri May 8, 2015
Anchor Loans -

Anchor's borrowers are experienced businesses or business people that purchase fixer uppers (rehab properties) below market value at foreclosure sales, from banks and other lending institutions, private parties, estates, etc. for the express purpose of repairing the property and reselling it for a profit. Our borrowers are experienced at sourcing real estate that can be purchased at a discount, fixing them up in a timely fashion and marketing them for resale. This level of experience is validated by the face that the typical time frame from purchase to resale is about 7-8 months. Most of our borrowers obtain loans from us on a repeated basis - using Anchor as their primary source of real estate related acquisition financing. Most borrowers are smaller company partnerships, such as a 2-3 person groups or a single developer with a crew.

Anchor Loans funds all types of non-owner occupied properties that meet our qualifications. The vast majority of our loans are on single family residences, duplexes and triplexes – but Anchor also lends on quadraplexes, apartments and commercial properties. Anchor Loans does not lend on owner-occupied properties.

Anchor's loans generally do not exceed 70% of the after repaired value (ARV) of the property securing the loan.

Contact John @ 949-247-0360 for more information
0 votes
Andrea T. Ro…, , Ohio
Fri Jan 8, 2010
Hello,

I am a Cleveland native and agent and absolutely their are hard money lenders out their who will invest in the city of Cleveland. Obviously it has to be worth the risk but that would be true in any city. I am unsure of what you are totally trying to accomplish but one place to start is http://recasafinancial.com/. If you are able to use them this will be your cheapest route. If not you have a couple of options, 1. google investor meetings in the Cleveland area and attend some of those meeting many of the investors are looking for you to have a proposal of what you are trying to do. (many meetings are going weekly/ monthly) 2. Depending on what you are trying to do I can refer some people to you.

Lastly, with anyone you choose to do business with it is best practice to do your homework on them to see if they have been getting the the job done.

Best wishes,

Andrea Robinson
216-409-5390
0 votes
Dallas Texas, Agent, Dallas, TN
Fri Jan 8, 2010
Hard money lenders you can do a google search for these types of lenders.

Most still require down payments, equity properties. Majority of these types of real estate transactions usually don't close.

Dont get your hopes up however worth investigation search

National Featured Realtor and Consultant, Texas Mortgage Loan Officer, Credit Repair Lecturer
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Lynn911

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