Do Hard Money Lenders Work with others

[Anita Muhammad]

When it comes to hard money lenders do they ever work with other investors, for example if a hard money lender is going to lend 80% of purchase price and 100% of rehab and then you find someone who is going to invest the remaining 20% of the purchase price will they allow that or will they only work with you specifically.

[Joe Abughazaleh]

@Anita Muhammad Keep in mind hard money lenders will usually need to be the 1st lien holders on the property. If you find another one willing to be 2nd lien holder then that could work but in my experience I don't think a hard money lender would be willing to take 2nd, too much risk. Hope that helps!