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Updated over 10 years ago, 06/08/2014

User Stats

6
Posts
0
Votes
Brett Davis
  • Rehabber
  • West Jordan, UT
0
Votes |
6
Posts

Questions about hard money and buying property

Brett Davis
  • Rehabber
  • West Jordan, UT
Posted

So the other day I had an idea and wanted some feed back. I was wondering if it is possible to purchase a property with hard money and turn around the next day and refinance it with a refinance mortgage. Is this possible? What would be the drawbacks to such a deal (If it is even possible). Thank you in advance.

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