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All Forum Posts by: Joseph A fronapfel

Joseph A fronapfel has started 1 posts and replied 3 times.

Creative Real Estate Financing

Post: Hard money lending terms

Joseph A fronapfelPosted
  • Staten Island, NY
  • Posts 3
  • Votes 3

@Bob Reinhard

Thank you sir

0 Votes
New Member Introductions

Post: Hello and welcome to BiggerPockets!

Joseph A fronapfelPosted
  • Staten Island, NY
  • Posts 3
  • Votes 3

Hello bigger pockets family. I'm Joe from NY. I'm looking to buy a short term rental in the poconos. I have a passion for the Poconos, my parents had a time share there when I was a kid until my early 20s. I love being up there and can't wait to buy a vacation/short term rental there.

3 Votes
Creative Real Estate Financing

Post: Hard money lending terms

Joseph A fronapfelPosted
  • Staten Island, NY
  • Posts 3
  • Votes 3

How does hard money lending work? Do they give it to you quickly (how long)? Is it considered a mortgage or can you use it as if buying a house for cash? Are you able to refinance out of it? What are the terms?

Thanks

Joe.

0 Votes