Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Hard money lenders for Buy and Hold properties
Hello everyone,
I want to start financing buy and hold investment properties but I am looking for funding. My question is this. How can I use hard money lenders for this type of strategy? My problem with hard money is not the percent in which they take as I find properties with a great return. The problem with the numbers that I see is the timeframe of repayment. 1 to 2 years at even no interest would mean a 50% - 100% return each year. So what would be the best strategy? Are there hard money lenders that lend with longer terms or is there a way to quickly pay off that investor via refi or something else?
Thanks!