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Updated about 6 years ago on . Most recent reply
Finding long term lending solution from hard money loan
Hi everyone
I recently got into a few condos with 30% down, 1 year term and at a high interest rate.
What are my options to find a longer term loan to get out of this short term loan.
The same lender told me he would get me transferred into a new loan program, but Im having a hard time with that.
If anyone can assist me please reach out.
I have a total of 6 loans that are 2-4 months old. I'd like to get out of them asap, with a better interest rate and not principle only payments as in currently doing.
Properties are in the USA and I'm a Canadian citizen.
Thanks.