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34
Posts
7
Votes
Shawn Thomas
  • Investor
  • Long Island, NY
7
Votes |
34
Posts

Hard Money Loan —> Convention Loan

Shawn Thomas
  • Investor
  • Long Island, NY
Posted

You need to fund the final 20% need to acquire the property. You decide to go with a Hard Money lender with high interest costs but your plan is to refinance the HML into a conventional loan after maybe 6 months of seasoning. Is this possible? Can you count on this strategy? Looking for investors who have done this before.

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