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Hard Money Lenders (South Carolina)

toddm152 profile photo
  • Monday, April 09, 2007 @ 10:23 PM EDT
  • 3 Comments
I have an investor friend who has an LLC. He is looking for a hard money lender to secure a 75% LTV on a property that appraises as-is for $100K. Is that a reasonable LTV? Also, will a hard money lender loan to an LLC or do they require a guarantor on the loan?

Any advise would be greatly appreciated.

  • (3) Comments
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  • toddm152
    toddm15225th March, 2007
    0
    Reply

    Thank you for the information.

  • InvestmentBanker
    InvestmentBanker9th April, 2007
    0
    Reply

    Are you still looking for a hml in SC?
    [addsig]

  • toddm152
    toddm1529th April, 2007
    0
    Reply

    Yes. I think he has funding for the project that I originated this post about, but he is looking at other properties now as well. Thanks, Todd

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