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Updated almost 4 years ago,

User Stats

53
Posts
7
Votes
Jay Jonez
  • Real Estate Agent
  • Chesterfield, MI
7
Votes |
53
Posts

Private money and hard money - 100% Financing - Questions

Jay Jonez
  • Real Estate Agent
  • Chesterfield, MI
Posted

Any one that’s used this strategy of using hard money and private money on a deal. I would love to hear your experience with that and the process.

- currently I have a flip with a private money lender who lenders 75% Purchase price 50% Rehab. Which is fine but I’m working on buying another property (but I would have to wait to sell that property to buy another ) .

So I’ve been researching I can use hard money as the 1st lien and use hard money for just the down payment portion to make it 100%.

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