Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

29
Posts
3
Votes
Reh N.
  • Specialist
  • New York, NY
3
Votes |
29
Posts

Hard money lenders for investment property

Reh N.
  • Specialist
  • New York, NY
Posted

Is there any other way I can get a mortgage on a property that requires cash only deal? I have a business that generates close to a million annually. I want to get a mortgage but will most likely not be approved because my personal income being low. I want to purchase a property that’s has been foreclosed through a buddy of mine but would not be able to get a mortgage on it. I was thinking is there a way I can get a commercial loan perform the construction then apply for a conventional loan and pay off the hard money lenders for example and then pay my monthly mortgage?

Loading replies...