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Updated about 3 years ago on . Most recent reply
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HARD MONEY HELP IN WESTCHESTER COUNTY
So many hard lenders want 20% of the purchase price as a down payment, in a market like NYC having 20% down is tough. What's another way to acquire hard money loans without such a huge down payment?
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@Monica Soyemi You can look into being creative with the financing by combining a seller carry back loan with hard money financing. The limits will vary from lender to lender/deal to deal. Try expanding the lenders you are speaking with to include private portfolio lenders. Good luck.