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Updated over 11 years ago,
Possible to get Hard Money with no money down??
Ok so i'm ready to get my first rehab underway, I've done enough research and it's about time that I pull the trigger. The only thing that holds me back is "MONEY". I don't want to use my own and the only way to go about this is to use HM.
HM lenders usually loan %65 ARV. So, lets say if I purchase a property thats well below ARV - Repairs - (holding cost) "I know this would have to be a steal" will I be able to secure HM w/o any of my own money?