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Updated over 7 years ago,
Hard money, refinance, Baltimore City, MD
So, it turns out my previous post violated BP rules by requesting services. In that case BP I have a problem that I need some advise on....I am interested in purchasing a Baltimore City rehab, using hard money. I want to refinance immediately after construction repairs are completed. However, my current mortgage lender requires a six month seasoning period and the hard money contract is for a 5 month term.
How would you recommend I rectify this situation in the future? Can you give me some tips on how to find a hard money/refinance solution so that I can convert the rehab to a buy and hold without having to season the property?