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Updated almost 8 years ago,
Hard Money where they don't charge interest till you take draw?
So I've been hearing out some lenders out there that do not charge on the interest of the money held back for repairs until you take it? (take the draw money). I don't specifically know who they are but if anyone has run into this I would appreciate it if you could give me the heads up? I would like to explore that option and see how true or how viable it truly is. Thank you.