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Updated almost 7 years ago,

Thomas Manglaviti's profile image
Thomas Manglaviti's profile image
Thomas Manglaviti
  • Real Estate Professional
  • from Melville, New York
  • Member since Dec 1, 2016
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Thomas Manglaviti's profile image
Thomas Manglaviti's profile image
Thomas Manglaviti
  • Real Estate Professional
  • from Melville, New York
  • Member since Dec 1, 2016
Connect
Thomas Manglaviti
  • Real Estate Professional
  • Melville, NY
0
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Buying & Selling Real Estate

Hard money lenders for foreclosures?

Thomas Manglaviti
  • Real Estate Professional
  • Melville, NY
Posted

I am looking to purchase a foreclosed property at auction in NY. Are there hard money lenders who will loan me this money if I am looking to use the property as my primary residence? 

My thought is to use the hard money to finance the purchase, take care of the repairs, and then replace the hard money loan with conventional financing. 

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