Updated almost 9 years ago on . Most recent reply
Financing a house hack project
Good Evening Biggerpockets!
My question for everyone, is how do I finance a deal on which I want to house hack. I have a job which I just started and I have no debt, decent credit score, but the banks want me to work at my job for 3-6 months before I even ask for a loan. IF I find a house that I would like to purchase and rehab and rent out. Should I just go with a hard money loan or continue to find a bank or credit union that is willing to finance my project?
My goal is to find a house that I can start paying for and get my foundation situated since I just arrived back from overseas.
Thank you in advance for your time and feedback.
David Wong