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Updated almost 10 years ago on . Most recent reply

Daniel Paloscio's profile image
Daniel Paloscio's profile image
Daniel Paloscio
  • Lender
  • from Tampa, FL
  • Member since Jun 25, 2013
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228
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Daniel Paloscio's profile image
Daniel Paloscio's profile image
Daniel Paloscio
  • Lender
  • from Tampa, FL
  • Member since Jun 25, 2013
Connect
Daniel Paloscio
  • Lender
  • Tampa, FL
95
Votes |
228
Posts
Private Lending & Conventional Mortgage Advice

What Instruments Other than a Mortgage Can Secure a Hard Money Loan

Daniel Paloscio
  • Lender
  • Tampa, FL
Posted
Hey Guys, I'm using a hard money lender that's requiring me to record a mortgage at closing. The mortgage tax on that isn't cheap. On the house i closed on yesterday it was over $800. Doing several of these per year I feel like I am wasting quite a bit of money. Is there any other way for my lender to secure his investment without having me sign and record a mortgage? Thanks, Danny
  • Daniel Paloscio
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