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Updated over 4 years ago,
Hard Money Loan for 25% of Purchase Price or ENTIRE amount?
As I’ve been analyzing deals and hearing stories, the same question comes to mind...
What are the pros and cons or at least the "whys" to getting a HML that includes the entire purchase amount vs just getting the 25% needed. My mind goes to the less on the loan the better? I'm open to persuasion though!
Would love to hear what you’re doing and why!