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Updated almost 4 years ago on . Most recent reply

Annie Bass's profile image
Annie Bass's profile image
Annie Bass
  • from Houston, TX
  • Member since Mar 14, 2019
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Annie Bass's profile image
Annie Bass's profile image
Annie Bass
  • from Houston, TX
  • Member since Mar 14, 2019
Connect
Annie Bass
  • Houston, TX
3
Votes |
23
Posts
General Real Estate Investing

Rehab Funds - Not Used

Annie Bass
  • Houston, TX
Posted

If you have a hard money loan and rehab funds included. What happens to un-used rehab funds?

I would imaging we’d have to pay back the entire loan that includes rehab funds. Is this money released to you once hard money loan is paid off? Or sooner?

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