Can Hard Money Lenders willing to lend 100% of purchase price

1 Reply

Hi Everyone,

Are there hard money lenders willing to lend 100% of the purchase price? If so, can you refer me to any or how the process works?

I'm trying to purchase multifamily homes with these hard money loans and eventually refinance to keep the properties long term.

@Felix Torres

Real estate, especially lending, is a relationship business. There are hard money lenders that will bend over backwards for your business if you have a great track record. If you have a few profitable flips under your belt they might finance more of your purchase. Remember though that you need the renovation and holding funds in addition to the purchase funds.