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Updated almost 5 years ago on . Most recent reply

User Stats

62
Posts
36
Votes
Cameron Pendergraft
  • Rental Property Investor
  • Prairie Village, KS
36
Votes |
62
Posts

Hard money for Primary Residence?

Cameron Pendergraft
  • Rental Property Investor
  • Prairie Village, KS
Posted

Has anyone ever used a hard money lender to purchase a primary residence through a cash sale and then refi'd the hard money lender out a few months down the road with traditional financing? Any ideas are appreciated.

Cameron

  • Cameron Pendergraft
  • Most Popular Reply

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    Jay Hinrichs
    #1 All Forums Contributor
    • Real Estate Consultant
    • Summerlin, NV
    65,468
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    Jay Hinrichs
    #1 All Forums Contributor
    • Real Estate Consultant
    • Summerlin, NV
    Replied
    Originally posted by @Justin McElroy:
    Originally posted by @Jay Hinrichs:

    that can be done.. there are very few HML that do owner occ.. given the QM rules.. but they are out there .. I know there is at least one who is real in LA.

    Hi @Jay Hinrichs

    I'm looking to apply this strategy in Los Angeles - is this lender you speak of in LA - Los Angeles or LA - Louisiana? :) If Los Angeles, would you kindly be able to message me their contact info?

    Appreciate it!

    LA and I cant remember the name of the company. you will need to google around but there is one or a few in LA that will do these

    business profile image
    JLH Capital Partners

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