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Updated about 3 years ago on . Most recent reply

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Coy Estes
Pro Member
1
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Hard money lenders vs typical mortgage loan?

Coy Estes
Pro Member
Posted

Hello BP family !

I have an opportunity to purchase a couple of properties, that will be rentals, as a package deal. My question is should I use a hard money lender or go the traditional route? I already have four other properties but they were a combo of cash and mortgaged homes?

  • Coy Estes
  • Most Popular Reply

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    Mason Hickman
    • Real Estate Agent
    • Sandwich, MA
    637
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    Mason Hickman
    • Real Estate Agent
    • Sandwich, MA
    Replied

    @Coy Estes

    If you can get traditional loans, do that. The traditional loan interest rates and terms are far superior to hard money.

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