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Updated almost 5 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Matthew Seyoum
  • Rental Property Investor
  • Salt Lake City, UT
2
Votes |
8
Posts

Hard Money Loan for 25% of Purchase Price or ENTIRE amount?

Matthew Seyoum
  • Rental Property Investor
  • Salt Lake City, UT
Posted

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!

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