I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased.

I’m in the process of getting pre-approved to purchase a turnkey duplex.

We feel great about this purchase we are securing now. 

Elenis Hello Elenis, I plan to hold the newly purchased property for a long time.

Depending on capacity with work and kids, you could consider a high yield side hustle to create additional income that is devoted to early retirement of debt or funds set aside to purchase additional properties.3.

Does anyone know the process when purchases a currently rented/leased small multifamily when it comes to assuming the current leases.

Hi @Rehaan KhanWe just purchased a primary residence as first time home buyers in Dayton and one thing I would be wary of is foundation issues.

I have not been through a closing with seller financing yet so I am wondering how it will go if the lender sees in the Purchase and Sale agreement that I have seller financing and how the wiring of the money will work.

It was purchased from a local wholesaler, then repaired/reno'd, from a single family to a single family with a legal suite.

or did you purchase them for appreciation to being with?