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Updated almost 17 years ago on . Most recent reply

Brandi T's profile image
Brandi T's profile image
Brandi T
  • Real Estate Investor
  • from Colorado
  • Member since Jun 21, 2008
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Brandi T's profile image
Brandi T's profile image
Brandi T
  • Real Estate Investor
  • from Colorado
  • Member since Jun 21, 2008
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Brandi T
  • Real Estate Investor
  • Colorado
0
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66
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Starting Out

Financing question

Brandi T
  • Real Estate Investor
  • Colorado
Posted

I have found two properties that I am interested in trying to buy - the problem is they will be my first two investment properties. I can get conventional financing for one, but not the second because I have no history of rental income.

It seems an option is a "hard money" loan for the second property - can someone explain how those loans work? Also, I was going to post on the "Need Money" forum but I don't have authorization so how do I find someone that works with these types of loans?

Thanks (I'm in Colorado, FYI)

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