Using a Hard money lender

[Rickey Smith jr.]

Hello I have a question for everyone out there that has used a hard money lender. If I where to use a hard money lender to cover the %20-30 down payment rule on a condominium would that be a good move? After that I’d financed with a normal lender for a mortgage on the property.

[Jay Hinrichs]

Hml do not make second position loans like your describing that's a waste of time .

you need an equity partner and that is usually an individual.. and usually from your warm contacts , family , friends or new friends you meet at a meet up.  Keep in mind its the people with the cash that bring the value..