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Updated over 5 years ago on . Most recent reply

User Stats

106
Posts
21
Votes
Simon Ruiz
  • Glendora, CA
21
Votes |
106
Posts

Hardmoney vs 203k for owner occupied

Simon Ruiz
  • Glendora, CA
Posted

Has anyone on here do a hardmoney loan with intention to owner occupy a house? Was this something you intended to do from the start or was it way for you to becoming a homeowner using real estate investing principles?? Also, if you did why didn’t you use a 203k loan instead?? I currently don’t own a home but would like to become a homeowner while having some money to use for investing later... I would like To BROR ( Buy Renovate Occupy Refinance ) Just trying to get some feed back from this great Forum..

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