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Updated almost 4 years ago on . Most recent reply
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Buying a home through wholesaler (wants cash) want to be primary
I found a home with purchasing through a wholesaler. They want cash close. However, I don't have all of the cash to purchase ($500k). Can I get a hard money loan then convert to traditional. I know most hard money won't allow owner occupied so I would have to wait to live in it until I could get a traditional. Has anyone ever done this to score a deal on their next primary residence?
Thanks.