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Updated almost 5 years ago on . Most recent reply

Shawn Dulan's profile image
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Shawn Dulan
  • from Louisville, Kentucky
  • Member since Nov 12, 2015
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Shawn Dulan's profile image
Shawn Dulan's profile image
Shawn Dulan
  • from Louisville, Kentucky
  • Member since Nov 12, 2015
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Shawn Dulan
  • Louisville, KY
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Multi-Family and Apartment Investing

Hard money lender or not?

Shawn Dulan
  • Louisville, KY
Posted

So I'm looking to get my first deal done using BRRRR and I'm going with a hard money lender. Do they usually require a down payment and are there some that will fund the rehab?

Just concerned about using one, don’t want to get burned...

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    Odie Ayaga's profile image
    Odie Ayaga's profile image
    Odie Ayaga
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    • from Delran, NJ
    • Member since Feb 13, 2016
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    Odie Ayaga
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    Odie Ayaga
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    Odie Ayaga
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    • Delran, NJ
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    Rehab loans are what hard money lenders do. Yes you'll usually need a down payment on the purchase price

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