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Updated almost 4 years ago,

User Stats

8
Posts
4
Votes
William Eric
4
Votes |
8
Posts

Loan or Mortgage to buy 700k property

William Eric
Posted

I'm looking at a large investment property around 700k. I'd like to be able to act quickly in this competitive market so I am thinking using a hard loan to buy the property and then convert to a traditional mortgage. Anyone with experience? Am I wrong to think that a private loan will help me secure the property vs waiting a month or more for a mortgage? 

Anyone has experience with homelending?

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