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Updated about 8 years ago on . Most recent reply
BUYING AND BUILDING ADDITIONAL HOME
I am looking to buy a property in Los Angeles area and build a second home on the same lot. Upon building the home I want to borrow money from hard money lender, refinance to a conventional loan and pay the lender. I do qualify for a FHA for the first property, but have trouble getting a hard money lender to finance the construction of the second home. Any advise is greatly appreciated !