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Updated about 8 years ago,
Needing to know more about hard money lenders
I'm trying to pull money together to purchase a fixer upper. This will be my first home purchase. I'm going to be a little short on this foreclosure so I was considering a hard money lender. I don't know what lenders require to see before they lend. Do lenders have minimums on the amount borrowed ? What are the average percentage rates lenders charge? Any other information that you might think a new comer might find helpful!
Thanks!