Updated about 11 years ago on . Most recent reply
Wholetaling
Hello, Does anyone know if hard money lenders will finance a wholetail deal? Thanks
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Jon Holdman
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
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Finance what part? The transactional loan for a double close? Some will do this. A loan for a buyer who's going to occupy it? Very unlikely. HMLs do commercial loans, not highly regulated residential loans. The owner living in the property is almost always forbidden.