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Updated 3 months ago on . Most recent reply
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Hard Money at Closing - What happens next?
What are the steps to closing a deal with hard money? Does it go down like a traditional mortgage (funds requested at closing, checks written, etc), or do they hand over the funds to your account beforehand so you can put the money up as if it is cash? Or does it look different?
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Jonathan Greene
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It is handled more like a traditional mortgage at closing through title. Your lead-up to closing just has a few less hoops.
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Zen and the Art of Real Estate Investing
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