Selling While in a Hard Money Loan

[Jerri Myers]

Hi,

We currently have a property that is on the market and it was financed with a hard money loan. We have received an offer from someone who wants to "owner finance" with 1/2 down. We would need to refinance first then do a wrap with them. I am a Realtor and the buyers are working with a Realtor. The property is listed in MLS. Is there a legal way to do a contract with the buyer and still do the refi?

Thanks,

Jerri