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Updated about 9 years ago,
Hard money lender requires a licenced general contractor.
A friend of mine has just got a property under contract and the HML she's working with is requiring she has a licence GC to get the rehab done. This is the first I've heard of this, mind you I've only studied REI up to this point. What's this all about? How common is this? Should it be difficult to find a HML that won't have this requirement? Thanks