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Updated over 4 years ago on . Most recent reply

Jeffrey Lazenby's profile image
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Jeffrey Lazenby
  • from Cincinnati, OH
  • Member since Nov 16, 2019
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Jeffrey Lazenby
  • from Cincinnati, OH
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Jeffrey Lazenby
  • Cincinnati, OH
5
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Starting Out

Hard money lending - First property

Jeffrey Lazenby
  • Cincinnati, OH
Posted

Hi, for the most party I know how Hard money lenders work. My question is, has anyone ever used a hard money lender for buy and hold? If so, what was your exit strategy for the Hard money lender? Did you just continue to pay them or did you refinance with a bank of some sorts? Thank you in advance.

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Tarik Turner
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  • from Hackensack, NJ
  • Member since Aug 13, 2016
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Tarik Turner
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  • from Hackensack, NJ
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Tarik Turner
  • Lender
  • Hackensack, NJ
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Tarik Turner
  • Lender
  • Hackensack, NJ
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A portfolio lender would be the alternative to a conventional loan on a rental property, not a HML

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