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Are there any hard money lenders in the coastal North Carolina area?

I have never really used credit.  I have cash to put down. home is about 720k worth much more. About 75k to put down.
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October 18 2012 - US
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Answers (2)

If you are  looking for money to buy, rehab, and resale, then Private Money Exchange might be able to help you. They loan 80% of your purchase cost, or 65% of ARV which ever is lowest.

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You have to have the property under contract, so provide them all the info, and you'll get an answer quickly.

Rallie Rallis
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October 22 2012
A good resource for this type of information is your local real estate and lending community. Hard money can also mean private money, or private investors. These investors are harder to find, but do make loans.

Ask your local chamber of commerce, lending institutions, mortgage bankers and reputable realtors. Legal professionals who specialize in real estate may also be a good resource. Call around. Try to get more than one lender to talk to.

Good Luck,
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October 22 2012
 
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