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Updated over 10 years ago,

User Stats

10
Posts
1
Votes
Nature B.
  • Arlington, TX
1
Votes |
10
Posts

Hard Money Loan - What are the Advantages and Disadvantages?

Nature B.
  • Arlington, TX
Posted

I am looking for an investment property and the local real estate group that I've networking with often suggest using a Hard money loan.  Can someone explain to me how that really works?  I've heard that they can be up 12% sometimes?  If I got this route should I look for both the Hard Money lender and the Conventional Lender before I buy?

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