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Updated about 8 years ago on .

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1
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0
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Cody Jacobs
  • Real Estate Professional
  • Waynesboro, VA
0
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1
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Hard money for new construction Multi

Cody Jacobs
  • Real Estate Professional
  • Waynesboro, VA
Posted
Good evening all! I'm brand new to this so forgive me if this is a stupid question. Is it possible to secure hard money for a new construction multifamily to also use as a personal residence? I hope this question isn't ridiculous, but again I'm new so I figured it couldn't hurt to ask! I'm having difficulty securing traditional bank financing due to large student debt and being a 1099 employee, so I'm just trying to brainstorm. I have a construction background and GCs in the family so I could potentially keep my costs much lower with a new construction.

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