Updated about 10 years ago on . Most recent reply
when to use a hard money lender and best exit strategy
Okay so we have 2 rental properties and our primary residence I want to purchase more buy and hold duplexes or fourplexes for cash flow.With not having enough capital for a down payment I was considering this option, purchasing a property at 70% to MV with a hard money lender and then waiting the 12 months or more for (seasoning) and then refi with a bank. Has anyone used this strategy before.