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Updated about 12 years ago,

User Stats

136
Posts
5
Votes
Mike Nelson
  • Investor
  • Miami, FL
5
Votes |
136
Posts

REO offers being accepted with Hard Money these days?

Mike Nelson
  • Investor
  • Miami, FL
Posted

In short, say I have 100K and I want to secure 3 properties leveraged at 75% at 100K each, so I need 75K of my money to finance the deals. Are banks REO asset managers turned off by this, or do they see Hard Money as good as gold? Has anyone had luck doing this lately? Im wanted to take on a little more volume, and I cant do all cash if this is the case....

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