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Multi-Family and Apartment Investing

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Bruny C.
  • Rental Property Investor
  • Thiells, NY
6
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18
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Hard Money Lending - Rental Property

Bruny C.
  • Rental Property Investor
  • Thiells, NY
Posted Mar 24 2019, 07:03

Hello,

I’m thinking of getting hard money to finance a real estate deal (Purchase - Rehab - Rent).

It’s not a flip, it will be a rental property.

I understand the interest rate is higher so more money to service the loan compared to a conventional loan.

Is it a good idea to use hard money lending for rental investment properties if the numbers make sense?

Your advise/comment is appreciated.

Thanks,

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