General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
HARD MONEY FOR A RENTAL PROPERTY
Hello BP fam! So I am in New York City, and I desperately want to buy my first rental property. I am 21 and my goal is to eventually acquire 1,000+ units. As everyone knows, New York is extremely expensive so I was wondering if:
1. Hard Money Loans for rentals are a good idea?
2. How do hard money lenders get their money back when lending on a rental property.
I would love all feedback, opinions, and experience from everyone, and if you want to connect message me!
Thanks so much BP! Happy investing.