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All Forum Posts by: Kenneth Gordon

Kenneth Gordon has started 1 posts and replied 3 times.

Post: Can you use hard money at auction?

Kenneth GordonPosted
  • Investor
  • Posts 3
  • Votes 0

Thanks very much for the info.

Post: Can you use hard money at auction?

Kenneth GordonPosted
  • Investor
  • Posts 3
  • Votes 0

can you use hard money at auction?

The bigger ISSUE is you are borrowing from two people plus the lender = equals 3 LOANS!! You are possibly leveraged too high to make this deal with lender. they may be skeptical, because you may not have enough skin in the game(YOUR MONEY) some one financing the down payment is normally a no from a lender on investment property