Here's another tip for working with hard money lenders...
Here's another tip for working with hard money lenders.
If you are an owner occupant or plan on occupying the subject property at any time prior to paying off the loan, do not waste your time or the hard money lender’s time by applying for a loan request.
Hard money loans are considered investment or commercial loans in nature. Residential owner occupied loans are not investment nor commercial in nature. If you are looking for an owner occupied loan you need to go to a traditional bank or lending institution.Here's another tip for working with hard money lenders.
Do you have hard money loan questions or tips?