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Updated almost 5 years ago,

John Daugherty's profile image
John Daugherty's profile image
John Daugherty
  • Real Estate Investor
  • from Marana, Arizona
  • Member since Dec 11, 2013
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User Stats

15
Posts
2
Votes
John Daugherty's profile image
John Daugherty's profile image
John Daugherty
  • Real Estate Investor
  • from Marana, Arizona
  • Member since Dec 11, 2013
Connect
John Daugherty
  • Real Estate Investor
  • Marana, AZ
2
Votes |
15
Posts
Creative Real Estate Financing

Seller terms: No HML or HELOC?

John Daugherty
  • Real Estate Investor
  • Marana, AZ
Posted

I was analyzing an auction home today and ran across the seller’s term that specified “No Hard Money Loans or Home Equity Lines of Credit will be permitted”.

Why would a seller care if the money came from a HML or HELOC?

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