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Updated over 8 years ago,
Should I use a hard money lender?
Hi, I'm a newbie investor and we are thinking of getting our first buy/hold property. The house is selling for $118k and the comps are renting at $1500-1800 month. The house needs minimal work about $3-5k.
We are thinking of doing a conventional loan and just renting it. We shouldn't get a hard money lender for this deal right?