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Updated over 9 years ago on . Most recent reply

User Stats

36
Posts
4
Votes
Charles Street
  • Flipper
  • Beaverton, OR
4
Votes |
36
Posts

Hard money to conventional

Charles Street
  • Flipper
  • Beaverton, OR
Posted
Curious what the thought is on obtaining a hard money loan to purchase a home quickly at 12% and 2 points, then immediately refinance with conventional at 4.5%.. The conventional loan will include the rehab costs of the flip or hold property depending on which route I go. Would love to hear everyone's opinion on this, good or bad. Thanks!

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