Sentences with phrase «lend on property needing»

The conventional lender's refusal to acknowledge property value increases in these areas, unwillingness to lend on property needing repair, and insistence on income verification from the real estate investor / rehabber have allowed us a very profitable niche area for PMF Partners LLC..

Not exact matches

Because so few banks will lend on vacant properties in need of repair, it is often a hard money lender

Repairs to a property: Many banks won't lend on properties that are in need of significant repair, but hard money lenders will.

You will need at least 5 % of the purchase price for a loan with a 95 % Loan to Value (LTV), although some lenders will only lend to 90 % on or even less for residential investment properties.