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Updated over 6 years ago on . Most recent reply

Christopher Daniels's profile image
Christopher Daniels's profile image
Christopher Daniels
  • from Smyrna, Georgia
  • Member since Apr 22, 2018
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Christopher Daniels's profile image
Christopher Daniels's profile image
Christopher Daniels
  • from Smyrna, Georgia
  • Member since Apr 22, 2018
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Christopher Daniels
  • Smyrna, GA
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Starting Out

Using hard money lendors for 1st Real Estate deal.

Christopher Daniels
  • Smyrna, GA
Posted

After listening to the 90 day challenge podcast, I'm looking to make my first deal. Find a property in the Atlanta are,  ran the numbers in the calculator tools and looks like a good deal. The seller wants an all cash deal so I'm wondering would a hard money lender be the best route for this deal?

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Daniel Rutledge's profile image
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Daniel Rutledge
  • from Anderson, SC
  • Member since Mar 24, 2016
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Daniel Rutledge's profile image
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Daniel Rutledge
  • from Anderson, SC
  • Member since Mar 24, 2016
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Daniel Rutledge
  • Anderson, SC
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Daniel Rutledge
  • Anderson, SC
Replied

Why does the seller want an all cash deal? Will you have the credit to refinance the property and can you afford the hard money for 6 months?

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