Updated over 8 years ago on . Most recent reply
using hard money to start out
Hey everybody I am wondering about hard loans and if it might be a good route for me to take for my first investment. I am actually interested in house hacking for my first investment and I'm wondering if anyone has used hard money loans to acquire capital for a down payment and rehab costs, then refinanced to pay the hard money loan off. Is this a profitable route, of not then why; if so what all is involved. Thanks everyone this is an awesome community and I feel blessed to be a part of it!