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Updated over 6 years ago,
100% Financing for a Rehab Project
Hi, my name is Steven and I'm new to the real estate world. I was wondering if anybody new of any ways to get 100% financing for a rehab project in today's market without having the money for a down payment?
One idea I had was to use a conventional loan to buy the property, then use a hard money lender for the down payment. Like I said, I'm new to the real estate game. Does this strategy sound like it could work? If anyone could offer some insight, I'd appreciate it. Thanks.