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Updated over 2 years ago,
Hard money loan limits
I have a city owned duplex, do hard money lenders lend based on the purchase price or the arv. The duplex is 20k with city code repairs and renovations 60k. All of hml lenders I’ve called have a minimum of 100k a lot 200k now. Does anyone know hml lenders with a lower loan limit? Or any suggestions? Thank you BP community.