Cost to Refinance Hard Money Loan

[Nicholas A.]

Hello!

First time investment home builder here. My partner and I have used a local hard money lender to purchase the land and build the home. 

We are considering holding the home for rental rather than selling once completed. It’s located in Horseshoe Bay West.

I have never refinanced my personal residence, let alone an investment property before.

What does this process look like, and what can we expect to pay in order to refinance out of the hard money into long-term debt?

Thanks,

Nick