New Jersey Real Estate Q&A Discussion Forum
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 about 6 years ago,
Hard Money Lending, Fully Occupied Duplex
Hey BP!
Has anyone ever heard of a HML lending on a property that is currently fully occupied? From my understanding HML only lend on completely vacant properties. Am I wrong? If I am, could someone explain to me how a HML would work on a deal like this? Let's say a duplex and both units are rented. Anyone have any experience with this?
Thanks in advance everyone!