I need a very fast hard money bridge loan and have $500k equity spread over 3 properties. What would be the best way to structure a request to obtain a quick hard money loan, terms that would help obtain it, and what is a good source or place to advertise for this?
Oct
13
There are 2 Responses to “Fastest way to obtain hard money loan secured by real estate and where?”
#2 bull_rooster_aardvark - 15 October, 9:25 AM
Haven’t needed this kind of loan in a long time, but back when I did, even then I remember the larger shops all advertised on the internet. Try here
Unfortunately I have been out of this to long to give specific recomendations but some simple web searches should find you all the sources you need.
Still, I’d advise to try getting this through a smaller local bank unless you absolutely need it now. Even if you only have a few days, if the numbers are compelling a bank can probably do the deal.
You have to talk to a lender or to a bank. I’m sure they will point you to the right direction. Beware - rates might be up in the sky…you know what I mean????