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Updated over 4 years ago,

Devyn Caraballo's profile image
Devyn Caraballo's profile image
Devyn Caraballo
  • from Passaic, NJ
  • Member since Oct 24, 2019
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User Stats

48
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7
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Devyn Caraballo's profile image
Devyn Caraballo's profile image
Devyn Caraballo
  • from Passaic, NJ
  • Member since Oct 24, 2019
Connect
Devyn Caraballo
  • Passaic, NJ
7
Votes |
48
Posts
Private Lending & Conventional Mortgage Advice

Hard money lender question

Devyn Caraballo
  • Passaic, NJ
Posted

Hey BP fam! Hope all is well!

My question today is regarding hard money lenders. Essentially, how much should you prepare to bring to the table of your own money? I believe I've heard it would be a lot more than an FHA loan (3.5%) maybe around 20% or even 30% of the loan. Any other info you would like to share regarding going with hard money lenders for a newbie I am all open too!

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