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27
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Tommy Mosley
  • Real Estate Professional
  • Savannah, GA
1
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27
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Hard money for buy and hold

Tommy Mosley
  • Real Estate Professional
  • Savannah, GA
Posted

is anyone aware of any hard money lenders who work with individuals looking to use the buy and hold strategy with longer terms 

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42
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15
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Jason Green
  • Residential Real Estate Broker
  • Birmingham, AL
15
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42
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Jason Green
  • Residential Real Estate Broker
  • Birmingham, AL
Replied

Hard money lenders are typically turn and burn. Most investors will use hard money to secure the deal quickly then refi to much more conventional terms.

Lendingone.com is who I have used in the past. They do rental loans but they are typically 75% LTV and higher rates than a traditional bank.

Hope that helps.

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