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Updated over 4 years ago,
hard money lending in new york
Hi bp gang!
found an awesome investment opportunity in the new york area. multifamily 3 over 1. It's a little risky because I've been furloughed with the virus, but i was thinking of pulling a hard money loan ( refinancing after 6-12 months ) and getting the remaining 25% from a private lender.
this is my first real estate investment.
is my strategy logical ? and if so what hard money lenders do you recommend ?
risky but without risk can one achieve reward ?
appreciate all input.
best,
conor