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Updated over 1 year ago,

User Stats

297
Posts
46
Votes
Ben M.
  • Houston, TX
46
Votes |
297
Posts

Making draws from hard money loan

Ben M.
  • Houston, TX
Posted

I am in the middle of flipping a home under a hard money loan. I was thinking of not making any draws until the end of the rehab since I have to pay a fee every time to make draws so I am trying to avoid the fees. Is it okay to do this or is there something I might be missing and that it might be better to make the draws in between the rehab

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