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Updated over 5 years ago,
Delayed Financing and Hard Money
Question for all the great minds on here. I am planning on doing an all cash delayed financing deal in the early spring of next year. My plan, like most of the recommended delayed financing methods, was to pay all cash with the added rehab put on the HUD-1 and then have the lender finance 100% of the HUD-1 when a tenant was in place. My question is, is it possible to have part of that all cash offer funded by a hard money lender? With time-to-money back in about 10 weeks I presume it seems possible, however, I not sure how that works with me getting approved with the lender for my delayed financing. Other options include saving up the entire amount, partnering, or private money.
Thanks!