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Updated about 9 years ago on . Most recent reply

User Stats

63
Posts
7
Votes
Julian Dozortcev
  • Morganville, NJ
7
Votes |
63
Posts

203k loan vs hard money rehab loan

Julian Dozortcev
  • Morganville, NJ
Posted

Hi all,

Just wanted to get people's opinion on pros vs cons on the diff between a 203k loan vs a hard money loan. Why would a person choose to go with a hard money lender when you need to put 20 percent down anyway as opposed to a 203k loan where you don't have to give away any percentage of your profits. 

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