Skip to content
Mortgage Brokers & Lenders

User Stats

3
Posts
0
Votes
Kurt Mace
  • Charlotte, NC
0
Votes |
3
Posts

Hard money lenders for Buy and Hold properties

Kurt Mace
  • Charlotte, NC
Posted Jun 16 2018, 08:04

Hello everyone,

I want to start financing buy and hold investment properties but I am looking for funding. My question is this. How can I use hard money lenders for this type of strategy? My problem with hard money is not the percent in which they take as I find properties with a great return. The problem with the numbers that I see is the timeframe of repayment. 1 to 2 years at even no interest would mean a 50% - 100% return each year. So what would be the best strategy? Are there hard money lenders that lend with longer terms or is there a way to quickly pay off that investor via refi or something else?

Thanks!

Loading replies...