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Updated over 9 years ago on . Most recent reply
Hard Money Lenders POST HERE
I am looking into a few Buy and Hold opportunities in the Orlando, FL area. Any and all hard money lenders interested in lending in this region please reply here and/or send me a private message. I would like a detailed breakdown of each of your terms as well as how much I need to put down also. I am good at math, but details would be greatly appreciated. TIA
I will be doing one deal at a time, but I have a few options to choose from with varied price ranges.
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#3 Guru, Book, & Course Reviews Contributor
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#3 Guru, Book, & Course Reviews Contributor
- Investor, Entrepreneur, Educator
- Springfield, MO
Buy and hold? First question should be how long are your loans?
If you're good at math, then figure out the costs of borrowing short term as opposed to long term financing.
Never finance long term assets with short term financing, finance 101.
Now, if you're jumping ship in a few months a HML might be the way to go. :)