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Updated over 5 years ago,
First hard money loan
Hello all!
I just finished my first serious rehab. It wound up being a lot more complicated, expensive and time-consuming than I expected but it's finally done. I've kept meticulous notes and all receipts. Had this been a hard money loan it would've gotten ugly (probably). Now I think I'm ready to take what I've learned and do the next one using hard money. I'd love to hear if any of you had similar experiences: Did you try a conventional construction loan before trying hard money? How detailed should I get in my analysis of the last deal in order to predict expenses in the next rehab?
Thank you!