Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

13
Posts
1
Votes

O down - viable? 50% hrd mney, 50% land cntrct, refi in 6 mnthst

Posted

No money down, is this viable ? Purchase a home or apartment building get a 50% hard money loan, 50% land contract. Then after 6 months go to a bank and get a conventional loan? I saw this method advertised by a hard money lender and it seemed like a game changer, but I would like some experienced opinions on the subject. Also, would it have to be purchased for under market value so you have at least 20% - 30% equity in it right off of the bat ?

Loading replies...