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Updated over 15 years ago on . Most recent reply

User Stats

127
Posts
15
Votes
Ivan Jouikov
  • Renton, WA
15
Votes |
127
Posts

Is it easier to finance if you own (refi) than if you buy (mortgage)?

Ivan Jouikov
  • Renton, WA
Posted

Hard Money Loans seem to only work for short term flips/LOs. I've heard some people say that "you use HML to obtain quick finance, and once you secure the property - you refinance with big bank."

Is it easier to obtain financing if you already own the property? Any specifics?

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