two: The Rules to know when refinancing your Hard Money Loan
- 07/28/16 02:22 AM
Many times a Hard Money loan is a life saver in the real estate industry. It can get you approved for a mortgage when maybe the property needed work, etc. Thou these loans are short term answers and you will need to refinance into a conventional mortgage eventually. Before you go into getting a Hard Money loan here are the Rules to keep in mind when refinancing that loan:
How soon can I refinance my hard money loan?- If you want to refinance the balance you owe you can do this as soon as you own the property. But you will … (2 comments)
Many times a Hard Money loan is a life saver in the real estate industry. It can get you approved for a mortgage when maybe the property needed work, etc. Thou these loans are short term answers and you will need to refinance into a conventional mortgage eventually. Before you go into getting a Hard Money loan here are the Rules to keep in mind when refinancing that loan:
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