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Updated over 11 years ago,
Help answer a unrestful mind!!!
Okay hi, i recently (about a week ago) joined and i have a curious question that keeps rolling in my mind. When you are interested on a house to flip how do you secure the deal. What i really mean how do you get the loan, i understand banks don't like to lend money for estate so the only other option i can think of are hard lenders. And if i heard correctly the interest rate from those are high.
Secondly how do loans exactly work?