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How do I go about vetting a local hard money lender? I want to be fair and pay the lender for their services, however I want to ensure my assets are protected.
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Hi all. New member here to BP. So I found a deal on a Single Family Residence. Its selling for 120K after estimated closing costs, cash only, in a neighborhood that is valued at lowest price 250k. Needs work roughly 3...
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I need a hard money lender to fund my house but I have no money down what should I do?
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and wondering if I should rent until things improve? My homes are in a lower class price range($54,900) and go almost completely unshown. I have them priced well below value(where it should be anyway) and they are nea...
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I would like to get my feet wet with lending. There is at least one investor in my local REIC that I can start with. He has a deal right now in fact, but I find myself a little scared. I know I need a good, iron cla...
I will be moving to Utah in two weeks to help start and run a Hard Money Lending company for my uncle. He has the business setup has done roughly 10 deals and wants to teach me the business. I’ve listened to every big...
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What is the process like for refinancing a hard money loan into a conventional loan? Is it easy to accomplish within a short period of time like within a couple months?
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Hello BP people! I am wondering what are some good questions to ask and things to look for when interviewing a hard money lender?
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Just wondering, is it possible to refinance a hard money loan? If so, what institutions would do so. I have read that hard money is not a long term finance strategy, so what is the next step once time runs out?
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