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Updated almost 4 years ago,

User Stats

10
Posts
2
Votes
Jaylen Edomwande
  • Little Elm, TX
2
Votes |
10
Posts

Two hard money loans on one property

Jaylen Edomwande
  • Little Elm, TX
Posted

Is it possible to have two hard money loans on one property? For example; if my friend and I wanted to partner on a deal. If the price of the home was $300k with a 50/50 split on funding, could we both get a hard money loan? If so can it be from the same lender or would it need to be another lender? Any other feedback is appreciated!

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