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Updated over 6 years ago on . Most recent reply

User Stats

52
Posts
42
Votes
Calus Glispie
  • Rental Property Investor
  • Tampa, FL
42
Votes |
52
Posts

Hard Money Credit Pulls

Calus Glispie
  • Rental Property Investor
  • Tampa, FL
Posted

Hey BP its me again. Im back with another question that i need you guys help with. Now coming up this May 2020 i plans on closing on my first small multi-family triplex that i will be house hacking. Not going to lie guys but ive got "ants in the pants" because i want to get a flip started before i leave because Ive got the funding and the deals to close on but i am a little skeptical. Only really because i should just focus my all my energy on the triplex.

So my question is, How bad is a credit pull from a hard money lender? also should i just close on triplex and use the capital if i have  repairs and such then then look for my flip with hard money? or should i do the opposite and go for the flip right now and get make some extra cash for my move coming up?

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