Hard Money Brooklyn
![Hard Money Brooklyn](/show_image.php?zc=2&w=250&src=/images/image-system/no-image.png)
-
1726 59th St
Brooklyn, NY 11204 - 718-593-4527
Hours
Chamber Rating
-
GetHookedByUs LLC
May 26th, 2023 -
luis carcamo
Dec 27th, 2022 -
Yisroel Friedman
Sep 20th, 2022 -
Fortitude SCS Inc Solution Credit Specialist
Jul 30th, 2022 -
JP Capital
Jul 4th, 2022
Contact Info
- 718-593-4527
Questions & Answers
Q What is the phone number for Hard Money Brooklyn?
A The phone number for Hard Money Brooklyn is: 718-593-4527.
Q Where is Hard Money Brooklyn located?
A Hard Money Brooklyn is located at 1726 59th St, Brooklyn, NY 11204
Q What is the internet address for Hard Money Brooklyn?
A The website (URL) for Hard Money Brooklyn is: http://www.hardmoneybrooklyn.com/contact.php
Q What days are Hard Money Brooklyn open?
A Hard Money Brooklyn is open:
Friday: 24 Hours
Saturday: Closed
Sunday: 24 Hours
Monday: 24 Hours
Tuesday: 24 Hours
Wednesday: 24 Hours
Thursday: 24 Hours
Q How is Hard Money Brooklyn rated?
A Hard Money Brooklyn has a 4.5 Star Rating from 33 reviewers.
Hours
Ratings and Reviews
Hard Money Brooklyn
Overall Rating
Overall Rating
( 33 Reviews )![](/images/review-avatar-1.jpg)
GetHookedByUs LLC on Google
![](/images/review-avatar-2.jpg)
luis carcamo on Google
![](/images/review-avatar-2.jpg)
Yisroel Friedman on Google
![](/images/review-avatar-3.jpg)
Fortitude SCS Inc Solution Credit Specialist on Google
..Then Contact Hard Money Brooklyn.
I was able to close my own deal within weeks just after my first conversation with Johnathan!
![](/images/review-avatar-1.jpg)
JP Capital on Google
Without introducing himself he abruptly asked me for the propery address. I asked him if I could give him an estimation of the location & the characteristic of the home along with the numbers for the flip. He said no and asked for the property address again.
As any investor in NYC knows - NYC is a VERY competitive market, where you have to be diligent about who you give or disclose property addresses to as they may just want to go around you and steal your deal.
TIP: An experienced Hardmoney lender should be able to provide you with rough LTV's (loan to value ratio) without you disclosing the property address based on the following statement:
"The property I have under contract is in Harlem NY, it's a 5 bed 2 ba two family house with basement. 3 levels. I have it under contract for X & it needs X amount in rehab and the ARV is X base on comps"
Again- With the above statement, any experienced Hardmoney lender should be able to give you his financing terms.
Here are the real numbers for the deal I was presenting to Jonathan.
Type: Single family with full basement in BX (Pelham)
Purchase: $300k
Rehab: $10k
Arv : $550k
Zilllow estimate: $395,00
I was asking for 56% of the ARV and was going to put down 10%. Almost all HML lend up to 65% + of the ARV. My deal should had been a no brainer.
However, even after disclosing the numbers of the deal Jonathan insisted on getting the property address without giving me any terms. This again was another red flag which at that made me certain that Jonathan was def not an experienced HML or just a predatory investor looking to steal new investors deals.
In summary, my advise is the following:
Be careful with this lender and make sure YOU DONT give out sensitive information without verifying he is a legit lender who has a product that can actually help you.
Overall Rating
Overall Rating
( 33 Reviews )Write a Review
Mortgage Lender Near Me in Brooklyn, NY
Express Capital Financing
Brooklyn, NY 11235
718-285-0806 ( 89 Reviews )
Chase Mortgage
Brooklyn, NY 11236
(718) 251-1350 ( 0 Reviews )
Jill Holland - Mortgage Loan Officer
Brooklyn, New York 11222
917-439-6015 ( 1 Reviews )
Robert Herman Mortgage
Brooklyn, NY 11203
(718) 484-3612 ( 0 Reviews )
Chase Mortgage
Brooklyn, NY 11234
718-444-1643 ( 0 Reviews )
Antonio Ciccullo - Mortgage Loan Officer
Brooklyn, New York 11231
646-302-7548 ( 0 Reviews )
Wells Fargo Home Mortgage
Brooklyn, New York 11209
(559) 437-5201 ( 1 Reviews )
Sally Jiang - Chase Home Lending Advisor - NMLS ID 624259
Brooklyn, NY 11220
(718) 435-0701 ( 0 Reviews )