Hard Money plans

[1fatjoe]

Hello guys.... does any of you guys have any information on any nationwide HML's or any that lend in Michigan?
Thanks in Advance!!

[Central States]

What is the need for the Hard Money? I know several of lenders including myself but need to know specifics to determine whats best for you. I specialize in Rehabs and New Residential Construction myself.

[1fatjoe]

I am looking for hard money to finance bank foreclosure deals that I have. I need a pre approval in order to work with the guy who will be providing my leads. He is on the Michigan board of REO Realtors in all 3 of the major counties, he is currently sitting on over 500 properties and has acess tomany more. All I need is financing and I can make some deals happen.  Thanks in Advance!!

[JOHNNY Q]

Why not get the property in foreclosure before it become REO.

[4R Management]

Besides my sig block... you can also check out the list of hard money lenders on this site.
http://www.reiclub.com/hard-money-lenders.php

[1fatjoe]

I would love to get them before the foreclosure but I need some type of proof of funds in order to complete a short sale. What do you suggest?

[4R Management]

Most reputable HMLs or Banks will have a "pre-approval" process that you should go through, in the end they will give you the Approval Letter you need to make your offers.

[JOHNNY Q]

Get approved or find partners or get a group of people like a real estate investment trust.
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